Ingalls, NASSCO Each A Winner in New Ship Contracts
Christopher P. Cavas, Defense News 2:08 a.m. EDT July 1, 2016
US Navy deals valued at more than $6 billion for new assault ship and fleet oilers
WASHINGTON The long-anticipated award of two new major US Navy shipbuilding contracts turned out as expected Thursday, with long-time amphibious shipbuilder Ingalls Shipbuilding getting a new assault ship and veteran support ship builder NASSCO set to build the first six of a new class of fleet oilers.
Altogether, the total potential value of the deals is around $6.3 billion.
The assault ship, designated LHA 8, will be built at the Huntington Ingalls Industries Ingalls Shipbuilding yard in Pascagoula, Mississippi, which has produced all previous assault ships for the Navy. The initial $272.5 million fixed-price-incentive firm target contract is for the planning, advanced engineering, and procurement of long lead time material for the ship, with full funding to follow.
A detail design and construction contract for LHA 8 is expected to be awarded next year. The total value of the order to Ingalls will be $3.134 billion when all options are exercised.
(...SNIPPED)