USN Awards Litton $338.2M Contract

Friday, December 22, 2000
Litton Ingalls Shipbuilding won 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, awarded late last Friday, 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."

The ships are 509.5 feet long, with a beam of 66 feet. Four gas turbine engines power the 9,238-ton ships to speeds in excess of 30 knots.

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Bahrain US$35-M Land Reclamation Contract for GLDD

Provider of dredging services in the United States and a major provider of environmental & remediation services, Great Lakes Dredge & Dock Corporation (GLDD) says

Global Ocean Trade: Latest Shipbuilding Orders

No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders.

Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report.

Bulk Carrier Trends

Global Ocean Trade: Latest Shipbuilding Orders

No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders.

Scorpio Bulkers Gets $540m Loan for Newbuilds

Scorpio Bulkers Inc. announced that it has received a commitment for a $540 million loan facility and provides an update on the financing of its fleet. On July 21,

Ivory Coast Rain Fuels Hopes for Strong Cocoa Main Crop

Rain mixed with sunny spells last week in most of Ivory Coast's main cocoa regions helped the development of plentiful small pods, suggesting a strong start to

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0997 sec (10 req/sec)