Huntington Ingalls to Build Two More National Security Cutters for U.S. Coast Guard

December 21, 2018 – Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has received two fixed-price incentive contracts from the U.S. Coast Guard to build two additional National Security Cutters for the U.S. Coast Guard. The contract values for the a 10th and 11th ships in the program are $468.75 million for NSC 10 and $462.13 million for NSC 11. “This additional funding for two NSCs is a great accomplishment on which to end the year,” said Ingalls Shipbuilding President Brian Cuccias. “The outstanding work being done by skilled men and…

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Huntington Ingalls Industries Awarded $94M Advance Procurement Contract For 10th National Security Cutter

Huntington Ingalls Industries’ Ingalls Shipbuilding division received a $94 million fixed-price contract from the U.S. Coast Guard today to purchase long-lead materials for a 10th National Security Cutter (NSC). “National Security Cutters continue to be extremely important assets for the coastal defense of our homeland,” said Ingalls Shipbuilding President Brian Cuccias. “These ships are enabling the Coast Guard’s missions in not only defending our shores, but also in the detection and interdiction of drugs and other contraband. Our shipbuilders in Mississippi look forward to continuing this hot production line and…

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