Peripheral Vertical Launch Systems News

Huntington Ingalls Industries (NYSE:HII) announced that the company's Ingalls Shipbuilding division has been awarded an advance procurement contract for work on the U.S. Navy's third Zumwalt-class destroyer, DDG 1002. The contract is valued at $46 million, with the majority of the work taking place at the company's Composite Center of Excellence in Gulfport. "Strategically, this is a very important contract to our company and specifically to the composite shipbuilders working in Gulfport," said Karrie Trauth, Ingalls Shipbuilding's DDG 1000 program manager.

Ingalls Shipbuilding Awarded $13 Million Contract for DDG 1000 Work. Huntington Ingalls Industries (NYSE:HII) announced today that the company's Ingalls Shipbuilding division has been awarded a $13 million contract for continued work on the U.S. Navy's Zumwalt (DDG 1000) class of destroyers. This is a modification to a previously awarded contract. "This contract modification provides additional funding for the composite work we're doing on the deckhouse for this shipbuilding program," said Karrie Trauth, program manager, DDG 1000.