logo
Share SHARE
FONT-SIZE Plus   Neg

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

Huntington Ingalls Industries, Inc. (HII: Quote) 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

Editors Pick
H&R Block, Inc., the largest U.S. tax preparer, said Wednesday after the markets closed that its third quarter loss narrowed sharply from last year, as revenue surged due to an earlier opening of the Internal Revenue Service's e-file system this tax season. The company's quarterly loss per share also smaller than analysts estimated, but its quarterly revenue fell short of analysts' forecast. Microsoft co-founder Paul Allen's maritime plunge took an exciting yet somber turn, after he found the wreck of a once-feared World War II Japanese battleship that met its doom by enemy torpedoes decades ago near the Philippines. A new study reveals that more large companies in the U.S. are run by men with the names John, Robert, William or James than the total number of women CEOs. For each women CEO of S&P 1500 companies there are four men CEOs named John, Robert, William or James, according to a study conducted by the New...
comments powered by Disqus
RELATED NEWS
Trade HII now with 
Follow RTT