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Navy Awards Huntington Ingalls $604M for Arleigh Burke Destroyer; George Nungesser Comments


Huntington Ingalls HIIHuntington Ingalls Industries (NYSE: HII) has been awarded a $604.3 million contract modification to produce an additional Aegis-guided missile destroyer for the U.S. Navy.

The Arleigh Burke-class missile destroyer DDG 121 is the third of five DDG 51 destroyers the company has been tasked to build under a contract awarded in June 2013, Huntington Ingalls said Monday.

“We now have a hot production line in the shipyard where we can maintain our highly skilled shipbuilding crews in the same working areas for each ship, ” said George Nungesser, DDG 51 program manager at Huntington Ingalls.

Ingalls Shipbuilding, a Huntington Ingalls division, will work to complete the five-ship contract under the DDG 51 program over the next 10 years.

The division has delivered 28 Arleigh Burke-class destroyers to the Navy.

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