Huntington Ingalls Lands $91M Contract to Maintain Navy Nuclear Aircraft Carriers

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $91 million contract to repair and modernize nuclear aircraft carriers stationed at Puget Sound Naval Shipyard and Intermediate Maintenance Facility-supported locations.

Huntington Ingalls will deploy personnel who have been trained and authorized to maintain nuclear carrier propulsion plants as part of the indefinite-delivery/indefinite-quantity contract, the Defense Department said Wednesday.

The project will help the PSNS and IMF crew to focus on time critical propulsion plant and plant-related work on nuclear aircraft carriers that are scheduled for restoration and modernization over the next five years.

Seventy-five percent of work will occur in Bremerton, Wash., and the remaining 25 percent in San Diego through October 2022.

The Navy will obligate $9.4 million in fiscal 2018 operations and maintenance at the time of award.

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