Newport News Shipbuilding Bags US Navy Submarine Contract

By Aiswarya Lakshmi
Tuesday, July 21, 2015

 The U.S. Navy has given Newport News Shipbuilding a $106 million contract to provide engineering and industrial support for submarines. 

Huntington Ingalls Industries, parent company of Newport News Shipbuilding, said the contract will be worth a total of $564 million, as the special mission submersibles, submarine support facilities and related programs are also covered by the contract.
Newport News Shipbuilding is one of only two U.S. shipyards capable of building nuclear-powered submarines and has completed hundreds of ship repair projects for the government, ranging from paint repair to complete hull and machinery renovation.
"Receiving this contract allows Newport News Shipbuilding to continue decades of delivering the best engineering, design and logistics support for U.S. Navy submarines," said Jennifer Boykin, Newport News' vice president, engineering and design. "We look forward to providing continued support to the operational readiness of our nation's submarine force."
Huntington Ingalls Industries is America's largest military shipbuilding company and a provider of engineering, manufacturing and management services to the nuclear energy, oil and gas markets. For more than a century, HII's Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder.  
Categories: Contracts Finance Maritime Security Navy Ship Sales Shipbuilding Subsea Defense

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