Huntington Ingalls Industries Awarded $187 M Advance Procurement Contract for Amphibious Assault Ship LHA 9

Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has received a $187.46 million advance procurement contract from the U.S. Navy to provide long-lead-time material and advance procurement activities for amphibious assault ship LHA 9.

“This contract allows us to maintain the health of our critical nationwide shipbuilding supplier base while continuing our serial production of large-deck amphibs,” Ingalls Shipbuilding President Brian Cuccias said. “We will work closely with our Navy-Marine Corps partners and our suppliers across the U.S. to build another highly capable, versatile and survivable warship.”

Ingalls is currently the sole builder of large-deck amphibious ships for the Navy. The shipyard delivered its first amphibious assault ship, the Iwo Jima-class USS Tripoli (LPH 10), in 1966. Ingalls has since built five Tarawa-class (LHA 1) ships, eight Wasp-class (LHD 1) ships and the first in a new class of amphibious assault ships, America (LHA 6), in 2014. The second ship in that class, Tripoli (LHA 7), was delivered to the Navy earlier this year. Bougainville (LHA 8) is currently under construction.

Source: Huntington Ingalls Industries
Date: May 5, 2020