U.S. Navy Awards Ingalls $620 Million Shipbuilding Contract

Wednesday, September 01, 1999
Ingalls has been awarded a $620 million contract to build two additional DDG 51 Class Aegis guided missile destroyers for the U.S. Navy. The two-ship contract awarded represents the exercise of an option included in a multi-year, multi-ship contract awarded to Ingalls last year. With the award, Ingalls has 21 Aegis destroyers under firm contract; and holds options for four additional ships which will be awarded over the next two years. Of the 25 ships and options awarded to Ingalls, 11 ships have been delivered. A 12th Ingalls-built destroyer will be delivered in January. The Navy plans a total of 57 ships in the DDG 51 program.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

Asia-N.Europe Box Rates Jump 170 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 170 percent to $732 per 20-foot container (TEU) in the week ended on Friday,

NAT Acquires Four 150,000dwt Tankers

Nordic American Tankers Limited ("NAT" or the "Company") announced today that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0653 sec (15 req/sec)