Huntington Ingalls Industries Awarded Contract for DDG 51-Class Follow Yard Services

Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division received a $27 million cost-plus-award fee contract from the U.S. Navy today for follow yard services in the Navy’s USS Arleigh Burke (DDG 51) program.

The contract, which provides liaison and technical support, engineering, design and configuration management, systems engineering, turn-key management and crew indoctrination, includes four option years with a total potential contract value of $181.4 million if all options are exercised.

“This contract highlights our shipyard’s versatility in handling all aspects of shipbuilding for the Navy,” said Ingalls Shipbuilding President Brian Cuccias. “We have a long tradition of building DDG 51 class ships and this contract supports configuration management and engineering design support of the construction contracts. We look forward to continuing this success in providing the most technologically advanced destroyers to the U.S. Navy so the men and women sailing these ships will have the most modern tools necessary to protect our freedom.”

Ingalls has delivered 30 Arleigh Burke-class (DDG 51) destroyers to the U.S. Navy. Destroyers currently under construction at Ingalls include Paul Ignatius (DDG 117), Delbert D. Black (DDG 119) Frank E. Petersen Jr. (DDG 121) and Lenah H. Sutcliffe Higbee (DDG 123).