HII to Continue USS Columbus Modernization Under $136M Navy Modification

Jeff Brody

Huntington Ingalls Industries (NYSE: HII) has received a $136M contract modification from the U.S. Navy to continue to restore, maintain and update the USS Columbus submarine.

The service branch will obligate the full value of the modification from fiscal year 2020 operation and maintenance funds at the time of award, the Department of Defense said Thursday.

The modification extends the $288.6M contract HII secured in 2015 to help the Navy modernize the vessel.

Contract work will take place at HII’s Newport News Shipbuilding facility in Virginia and DoD expects all tasks to conclude by November 2020.

Check Also

fuel supply

DLA Selects 10 Awardees for Fuel Supply IDIQs 

Ten companies have each received indefinite-delivery/indefinite-quantity contracts to provide various fuel types to support designated Defense Logistics Agency missions.

BAE Systems

BAE Closes Purchase of Collins Aerospace’s Military GPS Business

BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.