VIDEO: U.S. Navy Modifies Total Amount of Previously Awarded Contract to HII

The U.S. Navy is modifying the total amount of a previously awarded contract to Huntington Ingalls Inc., by $64.9 million in order to provide the ability to procure additional long lead material and advance construction activities for if required.

The second carrier in the new Ford-class, John F. Kennedy (CVN 79 ) will be built over the next eight years. Like its predecessor, it has been completely designed using a three-dimensional product model and is projected to save the Navy approximately $5.05 billion over its 50-year life.

The current contract has been in place since 2009.

Huntington Ingalls will perform the work in Newport News, Va.

The work is expected to be completed by October 2015.

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing about 37,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy.

Naval Today Staff, March 8, 2013