tiprankstipranks
Huntington Ingalls awarded $283.94M Navy contract modification
The Fly

Huntington Ingalls awarded $283.94M Navy contract modification

Huntington Ingalls was awarded a $283.94M cost-plus-fixed-fee modification to a previously awarded contract for completion of the USS Columbus engineered overhaul. This contract includes options which, if exercised, would bring the cumulative value of this contract modification to $300.02M. Work will be performed in Newport News, Virginia, and is expected to be completed by December 2025. Fiscal 2024 operations and maintenance funds in the amount of $168.93M will be obligated at the time of award and will expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on HII:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles