Huntington Ingalls Awarded $315M as Navy Shifts JFK Aircraft Carrier Delivery Model

Huntington Ingalls Awarded $315M as Navy Shifts JFK Aircraft Carrier Delivery Model
John F. Kennedy Aircraft Carrier

Huntington Ingalls Industries (NYSE: HII) has secured a pair of contract modifications worth $315M combined to implement a single-phase approach for delivering the Ford-class aircraft carrier USS John F. Kennedy (CVN 79) to the U.S. Navy.

The branch decided to change the two-phase delivery approach initially planned for its JFK vessel to comply with a Fiscal 2020 National Defense Authorization Act provision aimed to ensure the ship can deploy and the F-35 aircraft before post-shakedown availability efforts are completed, the Department of Defense said Monday.

The Navy will obligate $14M at the time of award and expects the shipbuilder to complete the new process by June 30, 2024.

“We are pleased to have worked with the Navy to adopt lessons learned in the construction of USS Gerald R. Ford (CVN 78) to improve cost, production and planning efficiencies on Kennedy,” Lucas Hicks, Newport News’ vice president of new construction aircraft carrier programs, said in a statement released Monday.

HII noted the award includes funds to obtain long-lead materials and support planning activities.

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