Huntington Ingalls Industries (NYSE: HII) has received a potential $1.43 billion contract modification to design and build the U.S. Navy‘s 13th San Antonio-class amphibious transport dock.
The Defense Department said Friday the service branch will obligate $1.25 billion in fiscal 2017 shipbuilding and conversion funds at the time of award.
Eighty two percent of work will occur Pascagoula, Mississippi, and the rest in Virginia, Wisconsin, Louisiana and other facilities inside the U.S.
LPD 29 will add to the 11 San Antonio-class ships that support expeditionary and amphibious missions of a Marine Air Ground Task Force, HII said Friday.
The company is scheduled to complete work under the modification in July 2023.