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Huntington Ingalls Wins $745M to Defuel Navy Carrier; Chris Miner Comments

DRAFT Huntington IngallsHuntington Ingalls Industries (NYSE: HII) has won a $745 million contract from the U.S. Navy to defuel an aircraft carrier powered by eight reactors.

The USS Enterprise will undergo defueling at the company’s Newport News, Va., shipyard and the company expects to complete work by August 2016, Huntington Ingalls said Friday.

Under the cost-plus-incentive fee contract, Huntington Ingalls will also support the ship’s transfer to the Puget Sound Naval Shipyard and Intermediate Maintenance Facility.

Chris Miner, a vice president of in-service aircraft carrier programs, sad Enterprise is the first nuclear-powered aircraft carrier to undergo deactivation.

The aircraft carrier launched in September 1960 and has been in service for 51 years, according to the company.

Huntington Ingalls says the Navy used the vessel to support Enduring Freedom, New Dawn and Cuban Missile Crisis operations.

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