The U.S. Navy intends to award Huntington Ingalls Industries Inc. a contract early next year, potentially for more than $4 billion, to build the second of a new class of aircraft carriers.
"The Navy is still negotiating with the company to reach a fair and reasonable price, and we hope to do that as soon as possible," Commander Thurraya Kent, a spokeswoman for the service, said in an email. "Early 2015 is still" the intended contract award date, she said this week.
The ship, the USS John F. Kennedy, is the second of three planned in the new carrier class. While Congress has ordered that the Kennedy's cost be capped at $11.5 billion, the first ship, the USS Gerald R. Ford, is projected to cost $12.9 billion when completed and fully equipped, 22 percent more than estimated five years ago.
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