Huntington Ingalls Gets $110M Navy Contract Modification to Design, Engineer Nuclear Submarines

submarineHuntington Ingalls Industries (NYSE: HII) has received a two-year, $109.9 million contract modification to design and engineer nuclear submarines for the U.S. Navy.

The company will also work to manage configurations and database, support logistics, perform research and development and provide special mission submersible interfaces under the modification, the Defense Department said Wednesday.

Work will occur in Newport News, Virginia, through September 2018.

The Naval Sea Systems Command is the contracting activity and the military branch obligated $7.4 million from its fiscal 2016 other procurement and fiscal 2014 shipbuilding and conversion funding at the time of award.

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