August 1, 2019
NEWPORT NEWS, Va., Aug. 01, 2019 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that its Newport News Shipbuilding division has received a $290 million contract modification from the U.S. Navy to continue planning for the refueling and complex overhaul (RCOH) of the aircraft carrier USS John C. Stennis (CVN 74).
The contract funds the second and third years of planning, long-lead-time material procurement, shop fabrication, shipboard inspections, and facilities readiness for the RCOH. As part of the planning contract, Newport News also will perform some shipboard work, which will take place in Norfolk. The initial year of planning was funded at a base value of $187.5 million.
“The second and third year of planning is important to the overall success of a project of the magnitude of an RCOH,” said Chris Miner, Newport News’ vice president of in-service aircraft carriers. “This contract allows us to continue our critical planning for each step of the process so we’re ready to begin execution when the ship arrives in the first quarter of 2021.”
Stennis will be the seventh Nimitz-class carrier to undergo a major life-cycle overhaul at Newport News, representing 35 percent of all maintenance and modernization completed during its service life.
HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong.
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