Huntington Ingalls Industries (HII) announced that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials for LPD 27, the 11th amphibious transport dock of the San Antonio (LPD 17) class.
The company noted that the funds awarded to Ingalls will be used to purchase long lead time materials and major equipment in support of the new ship, including main engines, diesel generators, electrical switchboards, deck equipment and fire-extinguishing systems. The funds awarded to Ingalls will be used to purchase long lead time materials and major equipment in support of the new ship, including main engines, diesel generators, electrical switchboards, deck equipment and fire-extinguishing systems.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.