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Navy Awards DDG 51 Ship Contracts To General Dynamics & Huntington Ingalls

The U.S. Navy has awarded General Dynamics Bath Iron Works (GD) a $2.84 billion fixed-price incentive firm target contract for the design and construction of four DDG 51 class ships, one in fiscal 2013 and one each in fiscal years 2015-2017. The award also includes a contract option for a fifth ship.

Huntington Ingalls Industries (HII) was also awarded a $3.33 billion fixed-price-incentive firm target contract for the design and construction of five DDG 51 class ships, one each in fiscal years 2013-2017.

The multiyear procurement awards from U.S. Navy are for a total of nine ships, with an option for a tenth ship.

by RTTNews Staff Writer

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