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HII Secures Nearly $3B Contract for Navy Aircraft Carrier Refueling, Overhaul Services

A shipbuilding division of Huntington Ingalls Industries (NYSE: HII) will help the U.S. Navy refuel and overhaul USS John C. Stennis supercarrier under a $2.99 billion contract that could run through August 2025.

Newport News Shipbuilding will perform refueling and complex overhaul work for the second half of the estimated five-decade service life of CVN 74 aircraft carrier, the Department of Defense said Friday.

The Navy will obligate $1.05 billion in fiscal 2021 shipbuilding and conversion funds at the time of award.

In a separate announcement, HII said it will supply Stennis vessel reactors with fuel and update the ship’s propulsion plant, tanks, compartments, flight deck, combat systems and catapult platform.

Todd West, vice president of in-service aircraft carrier programs at Newport News Shipbuilding, said the company planned and prepared for each phase of the RCOH project for three years.

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