logo
Share SHARE
FONT-SIZE Plus   Neg

Huntington Ingalls Wins $2.6 Bln RCOH Contract For USS Abraham Lincoln

Huntington Ingalls Industries, Inc. (HII) said Friday that it was awarded a $2.6 billion cost-plus-incentive-fee contract for the refueling and complex overhaul of the nuclear-powered Nimitz-class aircraft carrier USS Abraham Lincoln.

The work will be performed at the company's Newport News Shipbuilding, or NSS, division.

The ship arrived at NNS Thursday using planning contract funding. Lincoln was originally scheduled to arrive at NNS on February 14 but was among the projects delayed due to uncertainties surrounding the defense budget and funding of the work.

The U.S. President signed legislation Tuesday enabling the Navy and NNS to move the Lincoln to the shipyard to begin the refueling and complex overhaul, the company noted.

The refueling and complex overhaul represents 35% of all maintenance and modernization in an aircraft carrier's 50-year service life. Lincoln's refueling and complex overhaul will include the refueling of the ship's reactors, as well as extensive modernization work to more than 2,300 compartments, 600 tanks and hundreds of systems. In addition, major upgrades will be made to the flight deck, catapults, combat systems and the island.

Work is expected to begin immediately and continue through November 2016.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Zynga Inc. (ZNGA) on Thursday reported a first-quarter loss that narrowed from a year ago, reflecting an increase in revenues despite continued drop in user-base. Earnings for the quarter trumped analysts estimates, as did revenues, sending the company's shares up 13 percent in extended trading hours. San... Shares of Fitbit Inc. (FIT) slumped over 12 percent in extended hours trading after the maker of wearable technology reported a drop in first-quarter profit hurt largely by a surge in operating costs. The company also detailed a weak outlook for the second quarter. Fitbit's profit for the first-quarter... Twenty-First Century Fox Inc., (FOXA, FOX) on Wednesday reported a third-quarter profit that dropped from last year, as an increase in revenues were offset by higher operating costs. Earnings for the quarter came in line with Wall Street estimates, while revenues trumped expectations. Fox's third-quarter...
comments powered by Disqus
Follow RTT