MarineLink News Search

USCG Shipbuilding: Ingalls Wins $76m Advance Procurement Contract

Huntington Ingalls Industries (NYSE:HII) said that its Ingalls Shipbuilding division received a $76 million fixed-price contract from the U.S. Coast Guard to purchase long-lead materials for a sixth National Security Cutter (NSC). Construction and delivery of the yet-to-be-named WMSL 755 will be performed at the company's Pascagoula facility. A second phase of the contract, when awarded, would bring the overall value to $88 million.