Cvn 79

NNS Awarded Carrier Construction Preparation Contract

Huntington Ingalls Industries' Newport News Shipbuilding Division receives a $407 million contract extension to a previously awarded John F. Kennedy (CVN 79) contract. The award of the contract extends the period of performance, adds additional efforts for engineering, planning and material procurement through Oct. 31, and authorizes additional manufacturing efforts. NNS is performing work on CVN 79 under a construction preparation contract that allows for engineering, planning, long-lead time material procurement and initial manufacturing to begin before the full construction contract is awarded. The full contract is scheduled to be awarded later this year. "This is a critical phase of construction on John F. Kennedy as key material procurement and production activities are taking place every day," said Mike Shawcross, NNS vice president, CVN 79 construction. "It is very important to get a good start on a ship of this magnitude and complexity, and this contract extension allows for those activities to continue and keep the ship on a path for success in meeting our customer's goals." John F. Kennedy (CVN 79) will continue the Ford-class legacy of highly capable U.S. Navy nuclear-powered aircraft carrier ship platforms. Ford-class enhancements incorporated into the design include flight deck changes, improved weapons handling systems and a redesigned island, all resulting in increased aircraft sortie generation rates

Huntington Ingalls Reports Strong Fourth Quarter

Newport News, Va. -- Huntington Ingalls Industries reported fourth quarter 2011 sales of $1.74 billion, consistent with the fourth quarter of 2010. The impact of a $10 million non-cash goodwill impairment finalization adjustment resulted in reported net earnings of $69 million for the quarter and $1.39 diluted earnings per share on a GAAP basis. Excluding the goodwill impairment adjustment in the fourth quarter, total operating margin was 6.6 percent, up from 6

HII Wins $504m Contract Modification for Gerald R. Ford

  Huntington Ingalls Industries (NYSE:HII) received a $504 million cost-plus-incentive-fee contract extension to continue engineering work associated with construction of the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78). The company's Newport News Shipbuilding division is the prime contractor. Work performed under the contract includes the continuation of design-related activities and integration and system analysis for non-propulsion plant work.

DoD FY '13 Budget Proposal: $13B/Year in Shipbuilding

President Barack Obama sent Congress a proposed defense budget of $613.9 billion for fiscal 2013, Feb. 13.  The request for the Department of Defense (DoD) includes $525.4 billion in discretionary budget authority to fund base defense programs and $88.5 billion to support Overseas Contingency Operations (OCO), primarily in Afghanistan. Of the discretionary budget, $155.9 billion represents the Department of the Navy's budget request. This is a decrease of $1

Aircraft Carrier Suppliers Meet on Capitol Hill

Washington, D.C. – Representatives from more than 2,000 companies from around the country which provide parts and services for the construction and maintenance of aircraft carriers are meeting in Washington, D.C., this week to urge Congress to continue federal funding support for the U.S. Navy aircraft carrier programs. The parts and services suppliers are members of the Aircraft Carrier Industrial Base Coalition (ACIBC) and are meeting as part of the eighth annual Action Days Conference

Huntington Ingalls Industries Reports Q1 Results

Huntington Ingalls Industries reported first quarter 2013 revenues of $1.56 billion, relatively flat compared to the same period last year. Segment operating income for the first quarter was $120 million, compared to $101 million in the same period last year. Total operating income for the quarter was $95 million, compared to $80 million in the same period last year. Pension-adjusted operating income for the first quarter was $118 million, or 7

Senesco Wins NY Ferry Terminal Contract

While building 80,000-barrell, double-hulled liquid fuel barges, Senesco Marine is also working on a piece of a major construction project in New York City. The project is the building of the Pier 79 Ferry Terminal. Senesco Marine has been contracted to build three of the main passenger floats for the Pier 79 Terminal. When complete, the passenger floats will be 104 x 35 ft. The construction project is located on West 39th Street, extending 100 ft

Oscar Austin Provides Assistance to Fishing Vessel

The guided-missile destroyer USS Oscar Austin (DDG 79) located and assisted a distressed fishing vessel Feb. 14 while operating 140 nautical miles off the coast of Sicily in the Mediterranean Sea. The ship, which is part of the USS Theodore Roosevelt (CVN 71) Strike Group, was headed to Civitavechia, Italy, the next scheduled port of call, when its SH-60B Seahawk helicopter discovered the drifting fishing boat in distress.

CVN 78 Ship Specifications Signing Scheduled for Sept. 5

The Naval Sea Systems Command’s (NAVSEA) Ship Design, Integration and Engineering Directorate and the Program Executive Officer for Aircraft Carriers (PEO Carriers) will commemorate the certification of CVN 78 ship specifications in a signing and awards ceremony to be held Sept. 5 in the NAVSEA Headquarters auditorium, Washington Navy Yard. Rear Adm. Charles H. Goddard, NAVSEA vice commander, will also present the Award of Merit for Group Achievement to the CVN 78 Design Team in recognition

Ceremonial Steel Cut for New Aircraft Carrier

Northrop Grumman reached its first construction milestone in the life of the new-generation aircraft carrier, CVN 21. The company cut one of the first pieces of steel, a 15-ton plate for a side shell unit of CVN 78, the first ship of the CVN 21 program. Design work on the CVN 21 is underway at Northrop Grumman's Newport News sector, with the full construction contract anticipated in 2007. Advance construction began in 2005 to allow shipbuilders to test the design-build strategy before