U.S. Navy Awards Litton $338.2 Million Shipbuilding Contract

Thursday, January 11, 2001
Litton Industries' Ingalls Shipbuilding division has been awarded a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis guided missile destroyer for the United States Navy. The contract represents the funding for a Fiscal Year 2001 ship included in a multi-year contract awarded to Litton Ingalls in March 1998.

With the award of DDG 100, Litton Ingalls has been awarded contracts to build 24 Aegis destroyers, of which 13 ships have been delivered. A 14th ship, USS Lassen (DDG 82), completed successful initial predelivery sea trials last month, and will be commissioned in mid-2001. The Navy plans a total of 57 ships in the DDG 51 program, of which 51 have now been procured.

"This contract reemphasizes Litton Ingalls Shipbuilding's commitment to building the most advanced surface combatants for the U.S. Navy, as we have continued to do since we delivered USS Barry (DDG 52) in 1992," said Jerry St. Pe(, executive vice president of Litton and chief operating officer of Litton Ship Systems. "The Navy's multi-year procurement approach has brought stability to the Aegis destroyer program, to our nation's shipbuilding industrial base, and to our Company's business planning process. Delivery dates on DDG 51 destroyers at Litton Ingalls extend into 2006, and will keep our experienced, seasoned workforce of destroyer builders engaged well into the 21st century."

Maritime Today


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

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

People & Company News

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

TT Club Reports Robust Financial Results for 2015

TT Club has announced its financial results for the year ended December 31, 2015, and AM Best affirms its A- (Excellent) rating for the 10th consecutive year.   Knud Pontoppidan,

Contracts

Diana Charters Out Two Bulkers

Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk vessels,

Haven Marine Signs Service Contract with Svitzer

Haven Marine Services informs it has signed a five year contract with Svitzer which will see the yard service the requirements of Svitzer’s vessels within the Bristol Channel and Irish Sea areas.

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.0955 sec (10 req/sec)