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Wednesday, September 19, 2012

Ingalls Shipbuilding Awarded Modernization Contract for CG 47-Class Ship

USS Leyte Gulf (Ticonderoga-class) |Huntington Ingalls Industries announced today that its Ingalls Shipbuilding division has been awarded an $83.3 million cost-plus-award-fee contract from the U.S. Navy for continued life-cycle engineering, modernization and support services on the U.S. Navy's fleet of USS Ticonderoga-class (CG 47) Aegis guided missile cruisers.

The contract is the first of five options which, if exercised, would place the total value of the contract at $468.2 million.

"This award builds on the U.S. Navy's confidence in the versatility we have as a shipbuilding company in not only building quality warships, but also in providing life-cycle and modernization support," said Bob Merchent, Ingalls' vice president, surface combatants and U.S. Coast Guard programs.

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