Ingalls Awarded USN Contract for 11th LPD 27
The US Navy has awarded a million cost-plus-fixed-fee advance procurement modification contract to Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division to provide long-lead materials for the 11th San Antonio-class (LPD 17) amphibious transport dock, LPD 27. The advance procurement contract for LPD 27 is the fourth to be awarded to the company, with the first contract awarded in October 2010. Under the latest $70m contract, Ingalls will provide long-lead-time materials including main engines and diesel generators and other equipment such as electrical switchboards…
Ingalls Gets Coast Guard NSC Advance Procurement Contract
Ingalls Shipbuilding division says it has received an $76.5 million fixed-price contract from the U.S. Coast Guard to purchase long-lead materials for the eighth National Security Cutter, Midgett (WMSL 757). Construction and delivery of Midgett would take place at the company's Pascagoula facility. The advance procurement funds will be used to purchase major items for Midgett, including steel, the main propulsion systems, generators, electrical switchboards and major castings.
Northrop Grumman, $48M for Advance Procurement
The U.S. Navy has awarded a $48m cost-plus fixed-fee contract modification to Northrop Grumman Corporation (NYSE:NOC) for advance procurement of long-lead materials and performance of engineering/planning efforts for LHA 7, the second in the Navy's newest class of large-deck amphibious assault ships. The first ship, America (LHA 6) is being built in Pascagoula and is currently 33 percent complete. With this award, Northrop Grumman will provide additional engineering, planning and technical support for the current contract. The Navy issued the initial contract in June for $175m. The work will be performed at the company's Pascagoula facility.
Northrop Grumman Gets Advance Money Fo LPD 21, LPD 22
Northrop Grumman Corporation announced that the Avondale Alliance, led by Northrop Grumman Avondale, has been awarded $113.2 million for advance procurement of long lead materials for ships five and six in the SAN ANTONIO Class LPD 17 Program. "This advance procurement award demonstrates the importance of the LPD 17 Program and the Navy's commitment to it," said Tom Kitchen, president of Northrop Grumman Avondale. Long lead materials consist of items such as the main engines, generators, controllable pitch propellers, and reduction gears. Advance procurement is necessary for these critical long lead items in order to exercise vendor option rates.
Northrop Grumman Awarded $100.4 M for Advance Procurement
Northrop Grumman Corporation has been awarded $100.4 million by the U.S. Navy for advance procurement of long-lead time materials for San Diego (LPD 22), the sixth amphibious transport dock ship in the transformational San Antonio class LPD 17 program. "We are heartened to see a commitment to the sixth ship of the San Antonio class," said Dr. Philip A. Dur, Northrop Grumman corporate vice president and president of the company's Ship Systems sector. Long-lead materials for LPD 22 consist of steel plates and shapes, pipe, cable and other major equipment. Advance procurement funding is necessary to secure all necessary ship equipment at the best possible purchase price prior to construction.
$166M Award for LPD 22/23 Advance Procurement
The U.S. 23), the sixth and seventh San Antonio class amphibious transport dock ships. shapes, pipe, cable and other major equipment. said Philip A. LPD ships. advance procurement contracts for both ships. $207 million for LPD 23. man-hours. LPD 17 program are under contract to Northrop Grumman. locations: New Orleans, and Pascagoula and Gulfport, Miss. mid-2005. and LST 1179 classes of amphibious ships. ability to carry and launch the U.S. Vehicle. the sailors and marines. such, offers unparalleled amphibious warfighting capabilities. network of fleet support offices in the U.S. and Japan. the U.S. Navy, U.S. Coast Guard and international navies.
Northrop Grumman Gets $154.9M Navy Deal
The U.S. Navy awarded Ingalls Shipbuilding, a Northrop Grumman company, a $154.9 million contract to begin advance procurement of materials for the construction of future DDG 51 Class Aegis destroyers. The contract is to purchase a variety of DDG class equipment items for three additional Aegis destroyers authorized by Congress. Actual ship construction contracts are to be awarded to Ingalls and Bath Iron Works in a single, multiyear procurement process to be conducted later this year. The multiyear procurement plan calls for a total of six ships -- three to Bath, three to Ingalls -- with funding scheduled during a three-year period from the 2002 through 2004 fiscal years.
GD Gets Contract Option
The U. S. Navy has awarded General Dynamics Electric Boat, a business unit of General Dynamics, a $6 million contract option for the advanced procurement of on-board repair parts for the first four submarines of the Virginia Class. The work will be shared about equally between Electric Boat (55 percent) and Northrop Grumman Newport News (45 percent), Electric Boat's teammate in the Virginia-class construction, and will be completed by the end of 2007. The option is part of a $4.2-billion contract the Navy awarded Electric Boat in 1998 for the construction of the first four ships of the class.
Ingalls Awarded $76.8 Million for Seventh NSC
Huntington Ingalls Industries' Ingalls Shipbuilding division received a $76.8 million fixed-price contract from the U.S. Coast Guard to purchase long-lead materials for Kimball (WMSL 756), the company's seventh National Security Cutter (NSC). Construction and delivery will be performed at the company's Pascagoula facility. "This advance procurement contract allows us to maintain production line and supplier base momentum while we prepare for the ship construction contract," said Jim French, Ingalls' NSC program manager.
U.S. Navy Issues Modification To Lockheed Martin Contract
The U.S. Navy has issued a Lockheed Martin-led industry team a contract modification for one fully funded 2015 Littoral Combat Ship (LCS) valued at $362 million, along with $79 million in advanced procurement funding for a second ship. The balance of the second ship will be funded by Dec. 31, 2015. The advanced procurement dollars approved by Congress provides the funding required to maintain the cost and schedule of the final block buy option. The award also includes a priced option for one additional fiscal year 2016 ship.
Northrop Grumman Announces Award
Northrop Grumman Corporation announced today that it has been awarded $171 million by the U.S. 21, the fifth amphibious transport dock ship in the San Antonio-class LPD 17 program. this critical addition to the fleet," said Dr. Philip A. Systems sector. controllable pitch propellers and reduction gears, among other items. order to exercise vendor option rates. program are under contract. New Orleans and Pascagoula and Gulfport, Miss. erection at Avondale Operations in New Orleans. for the second ship, USS New Orleans, will also be laid at Avondale. 1179-classes of amphibious ships. amphibious warfare mission.
Navy Destroyer Contracts for HII & BIW
The Navy has announced two separate contract awards for Fiscal Year (FY) 2014 DDG 51 destroyers to Huntington Ingalls Industries (HII) and to General Dynamics Bath Iron Works (BIW). Is being provided funding of $601,990,190 for the FY 2014 DDG 51 class ship and exercised options. The modification also provides $79,400,000 in advanced procurement funding for the FY 2016-2017 ships. Is being awarded a $642,583,946 modification to their existing fixed-price incentive firm target (FPIF) contract to exercise options for construction of a DDG 51 Class ship.
Ingalls Shipbuilding Gets Large Advance Procurement Finance
Huntington Ingalls Industries (NYSE:HII) announce that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials for LPD 27, the 11th amphibious transport dock of the San Antonio (LPD 17) class. The funds awarded to Ingalls will be used to purchase long lead time materials and major equipment in support of the new ship, including main engines, diesel generators, electrical switchboards, deck equipment and fire-extinguishing systems. The 11 ships of the LPD 17 class are a key element of the Navy's ability to project power ashore.
Ingalls Shipbuilding Wins $70m Navy Deal
Huntington Ingalls Industries (NYSE:HII) said its Ingalls Shipbuilding division has received a $70m cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long-lead materials for LPD 27, the 11th amphibious transport dock of the USS San Antonio (LPD 17) class. The funds awarded to Ingalls will be used to purchase long-lead-time materials and major equipment in support of the new ship, including main engines and diesel generators and other equipment such as electrical switchboards, deck equipment and fire extinguishing systems. The work will be performed at the company's Pascagoula facility. This is the fourth advance procurement contract for LPD 27. The first contract was awarded in October 2010.
$100.4 Million for LPD 22
Northrop Grumman Corporation was awarded $100.4 million by the U.S. long-lead time materials for San Diego (LPD 22), the sixth amphibious transport dock ship in the transformational San Antonio class LPD 17 program. Long-lead materials for LPD 22 consist of steel plates and shapes, pipe, cable and other major equipment. Advance procurement funding is necessary to secure all necessary ship equipment at the best possible purchase price prior to construction. To date, the first five ships awarded in the 12-ship LPD 17 program are under contract to Northrop Grumman Ship Systems. All are in various stages of construction at Northrop Grumman Ship Systems' locations in New Orleans, and Pascagoula and Gulfport, Miss.
Electric Boat Receives $1.35B Contract Modification
The U.S. Navy awarded General Dynamics Electric Boat a $1.35 billion contract modification that provides funding for the construction of the eighth Virginia-class submarine and advance procurement for the ninth and 10th ships of the class. Virginia-class submarines at a rate of one per year from FY 03 through FY 08; the total value of the contract is $8.4 billion. Altogether, Electric Boat and its construction teammate, Northrop Grumman, have received contracts to build 10 ships of the class. The lead ship, USS Virginia (SSN-774), was delivered to the Navy in October 2004. workload projections since the initial contract was announced in 2003. It is not unplanned work. For that reason, it will not affect the number of layoffs the company will make over the next two years.
HHI Ingalls Wins $98.6m in Navy Funds
The U.S. Navy awarded Huntington Ingalls Industries (NYSE:HII) a $98 million cost-plus-fixed-fee advance procurement contract modification for long-lead materials for LPD 27, the 11th amphibious transport dock ship of the USS San Antonio (LPD 17) class.The work, which will be conducted by the Ingalls Shipbuilding division in Pascagoula, will include the purchase of long-lead-time materials and major equipment in support of the new ship, such as main engines and diesel generators and other equipment, including electrical switchboards, deck equipment and fire extinguishing systems.This is the second advance procurement contract for LPD 27. The first contract was awarded in October 2010.
NASSCO Wins Six Ship U.S. Navy Contract
General Dynamics NASSCO, a subsidiary of General Dynamics (NYSE: GD), won a contract by the U.S. Navy for the detailed design and construction of the next generation of fleet oilers, the John Lewis class (TAO-205), previously known as the TAO(X). This contract is for the construction of six ships. The first ship of the program was funded in the FY2016 budget, allowing engineering and design work to begin immediately. The U.S. Navy’s FY2017 budget requests advance procurement for a second ship, with procurement expected to occur in FY2018. Designed to transfer fuel to U.S.
Newport News Second Quarter EPS Up
Newport News Shipbuilding (NNS) reported net earnings of $24 million, or $.074 per diluted share, for the second quarter of 2000. EBIT for the quarter was $54 million, up from an adjusted $47 million in last year's second quarter. Newport News posted second quarter revenues of $532 million versus $444 million the same time last year, reflecting gains in all business segments. The construction sector led the advance as revenues climbed to $227 million from $164 million. Increased construction work on the aircraft carrier Ronald Reagan and the Virginia-class submarines, combined with advanced procurement on CVN 77, accounted for higher volume.
Electric Boat Gets Sub Funds
multi-year ships (SSN 781-783). Northrop Grumman's Newport News Shipbuilding. Conn. (30 percent), Quonset Point, R.I. (15 percent), Newport News, Va. States (40 percent), and work is expected to be completed by April 2014. funds will not expire at the end of the current fiscal year. Command, Washington, D.C., is the contracting activity.
Offshore Sector Helps Wrist Ship Supply Grow in 2011
Wrist Ship Supply reported solid growth in market share and turnover following a year of focused consolidation. According to the company, its turnover reached DKK 2,447 million in 2011, an increase of 20% since 2010, and earnings before interest and tax (EBIT) increased by 45% to DKK 21.7 million. The company saw positive development across regional operation areas, particularly Asia-Pacific and Germany. Wrist Ship Supply acquired Strachans Ltd, a market-leading independent food distributor to the UK offshore industry, completing a period of significant growth totalling six acquisitions in Europe, America and Canada between 2009 and 2011.
EB Gets $1.1B Modification to Sub Contract
Submarine (SSN 781). 783). Electric Boat Corp. Shipbuilding and Dry Dock Co., Newport News, Va. this award will be performed in Newport News, Va. R.I. (15 percent), Groton, Conn. various sites throughout the United States (40 percent). be completed by April 2014. current fiscal year. contracting activity.
Northrop Grumman Awarded Contract
Northrop Grumman Corporation Electronic Systems-Marine Systems, Sunnyvale, Calif., is being awarded a $40.3m contract to provide ongoing support for the TRIDENT II (D5) deployed SSBNs and SSGNs, extended refueling overhaul shipyard support, gas generator production, TRIDENT II (D5) missile tube closure production restart planning, United States and United Kingdom launcher trainer support, underwater launcher technology sustainment, VSG-E mount advance procurement and U.S. and U.K. strategic systems programs alterations and non-cConformance report projects. This contract contains options which, if exercised, would bring the total cumulative value of this contract to $139,208,052. Work will be performed in Sunnyvale, Calif. (94 percent); Norfolk, Va. (2 percent); Bangor, Wash.