tiprankstipranks
Huntington Ingalls awarded $913.15M Navy contract
The Fly

Huntington Ingalls awarded $913.15M Navy contract

Huntington Ingalls was awarded a $913.15M cost-plus-incentive-fee and cost-plus-fixed-fee contract for advanced planning and long-lead-time material procurement to prepare and make ready for the accomplishment of the USS Harry S. Truman Refueling and Complex Overhaul. Work is expected to be completed by June 2026. FY23 shipbuilding and conversion funds in the amount of $250M will be obligated at time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured in accordance with 10 U.S. Code 3204(a)(1). The 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 Insiders’ Hot Stocks on TipRanks >>

Read More on HII:

Trending

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

Popular Articles