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HII Books $913M Navy Contract for USS Harry Truman’s Refueling, Complex Overhaul

HII (NYSE: HII) has secured a potential $913 million contract from the U.S. Navy to conduct services in support of refueling and complex overhauling activities for the USS Harry Truman ship.

Under the cost-plus-incentive-fee and cost-plus-fixed-fee contract for advanced planning, HII’s Newport News Shipbuilding division will provide a range of services such as engineering, design, material procurement and fabrication, documentation, resource forecasting and pre-overhaul inspections, the company said Friday.

The nuclear-powered aircraft carrier will be the eighth Nimitz-class aircraft carrier to undergo RCOH.

“This contract allows us to properly plan for each step in the overhaul process, from preparing for the ship’s arrival at NNS to its redelivery back to the Navy,” said Rob Check, vice president of in-service aircraft carrier programs at HII NNS.

According to the Department of Defense, work in Newport News, Virginia, is expected to be completed by June 2026.

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