{"id":774459,"date":"2023-08-02T04:07:22","date_gmt":"2023-08-02T08:07:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/"},"modified":"2023-08-02T04:07:22","modified_gmt":"2023-08-02T08:07:22","slug":"hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/","title":{"rendered":"HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract"},"content":{"rendered":"<div class=\"mw_release\">\n<p>PASCAGOULA, Miss., Aug.  01, 2023  (GLOBE NEWSWIRE) &#8212; HII\u2019s (NYSE:HII) Ingalls Shipbuilding division has been awarded a fixed-price incentive, multi-year procurement contract for the construction of six <em>Arleigh Burke<\/em>-class (DDG 51) destroyers for the U.S. Navy. The contract includes options for additional DDG 51 ships and for engineering, design, and post-delivery efforts. Due to potential competitions for the option ships, the cumulative dollar value of the multi-year contract will not be disclosed at this time.<\/p>\n<p>\u201cIt is a privilege for our shipbuilders to build these ships in service of our Navy,\u201d said Ingalls Shipbuilding President Kari Wilkinson. \u201cWe look forward to the years of stability that this award provides and the opportunity to continue working with our industry partners on this important class of ships.\u201d<\/p>\n<p>Ingalls has delivered 35 <em>Arleigh Burke<\/em>-class destroyers to the U.S. Navy including the first Flight III, <em>USS Jack H. Lucas<\/em> (DDG 125), in June of this year. In addition, Ingalls Shipbuilding has four Flight IIIs currently under construction including <em>Ted Stevens<\/em>\u00a0(DDG 128), which is set to be christened this month. Additionally,\u00a0<em>Jeremiah Denton<\/em>\u00a0(DDG 129),\u00a0<em>George M. Neal<\/em>\u00a0(DDG 131) and\u00a0<em>Sam Nunn<\/em>\u00a0(DDG 133) are also under construction at Ingalls.<\/p>\n<p align=\"center\">\n        \n      <\/p>\n<p>A photo accompanying this release is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aea1T3pbwYGpTjLxfF2ulu42pzVJYluezVUogmcbZ5JrvfamlzoqNIyNqYjx4zXQHkkJvd192nBedW_Tp-IcycqPZUe-G0AdvMWsp3xuaCA-vANBcTHdjuBjcz6t7Jko8ELREomi_llE2ZogdchhroDuVIgUl0pseSFSxih1nrk1vWJX4eN1kjp-HgqHuVTMxpv13CfJ1B5hg_YlmERwbtVxWsMBr7ieJRpX44fw7OI=\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/hii.com\/news\/hii-awarded-destroyers-in-u-s-navy-multi-year-contract\/<\/a><\/p>\n<p>Flight III\u00a0<em>Arleigh Burke<\/em>-class destroyers built for the U.S. Navy incorporate a number of design modifications that collectively provide significantly enhanced capability. DDG 125 includes the AN\/SPY-6(V)1 Air and Missile Defense Radar (AMDR) and the Aegis Baseline 10 Combat System that is required to keep pace with the threats well into the 21<sup>st<\/sup> century. <em>Arleigh Burke<\/em>-class destroyers are highly capable, multi-mission ships and can conduct a variety of operations, from peacetime presence and crisis management to sea control and power projection. Guided missile destroyers are the backbone of the U.S. surface fleet and are capable of fighting multiple air, surface and subsurface threats simultaneously.<\/p>\n<p>\n        <strong>About HII<\/strong>\n      <\/p>\n<p>HII is a global, all-domain defense provider. HII\u2019s mission is to deliver the world\u2019s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.<\/p>\n<p>As the nation\u2019s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI\/ML and synthetic training. Headquartered in Virginia, HII\u2019s workforce is 43,000 strong. For more information, visit:<\/p>\n<ul type=\"disc\">\n<li>HII on the web: <a href=\"https:\/\/hii.com\/\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.HII.com\/<\/a><\/li>\n<li>HII on Facebook: <a href=\"https:\/\/www.facebook.com\/TeamHII\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.facebook.com\/TeamHII<\/a><\/li>\n<li>HII on Twitter: <a href=\"https:\/\/www.twitter.com\/wearehii\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.twitter.com\/WeAreHII<\/a><\/li>\n<li>HII on Instagram: <a href=\"https:\/\/www.instagram.com\/WeAreHII\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.instagram.com\/WeAreHII<\/a><\/li>\n<\/ul>\n<p>Contact:<\/p>\n<p>Kimberly Aguillard<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gLv5Wp3NphdDhw-OtaPsnZNxYwZAtnTHFW2ZZP9U4rl9Y3LVC1-rgXa6UhdgNUg2Zh9cLFjeCV8jwO6oibzdI462mIBnAQ0AqlDUMLQQsK9lHaDN3LEIjrJrKQ2TjZvQ\" rel=\"nofollow noopener\" target=\"_blank\">Kimberly.K.Aguillard@hii-co.com<\/a><br \/>(228) 355-5663<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aea1T3pbwYGpTjLxfF2uliSYqi5FQRd6TDwF4NaIFPKCBcOzen8vvjrTx3WgjLt7OWXJh7uHZRHZLnRct1Yn6PS7XiMR1mDNq5bSUzl5hYJlNUqf4SoH5V92ViEjp9LZkiy3KDYBkPcxT_sGQfPPrQ86qKD_0OQxMh-rlomIIUm3q7EmdIadXKvKO6oDhi5xagDxtKXlnPCanXfVNA5VvxdPlWYTjMvhecjfN4jBMxvSdmvXGepahdYUuggEL6EEOfcpy78sANu39FwRb4eNPA==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/6af8ae5a-4666-4fc4-8141-a22cf6e1cd66<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4NTI1NCM1NzMxNzcyIzIwMTA4ODQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YWRmNzZhNmEtMWEyOC00NWRjLWE2MDQtMjE0MGMwOTY5YTZiLTEwMjI0NTc=\/tiny\/HII.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PASCAGOULA, Miss., Aug. 01, 2023 (GLOBE NEWSWIRE) &#8212; HII\u2019s (NYSE:HII) Ingalls Shipbuilding division has been awarded a fixed-price incentive, multi-year procurement contract for the construction of six Arleigh Burke-class (DDG 51) destroyers for the U.S. Navy. The contract includes options for additional DDG 51 ships and for engineering, design, and post-delivery efforts. Due to potential competitions for the option ships, the cumulative dollar value of the multi-year contract will not be disclosed at this time. \u201cIt is a privilege for our shipbuilders to build these ships in service of our Navy,\u201d said Ingalls Shipbuilding President Kari Wilkinson. \u201cWe look forward to the years of stability that this award provides and the opportunity to continue working with our industry partners on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-774459","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PASCAGOULA, Miss., Aug. 01, 2023 (GLOBE NEWSWIRE) &#8212; HII\u2019s (NYSE:HII) Ingalls Shipbuilding division has been awarded a fixed-price incentive, multi-year procurement contract for the construction of six Arleigh Burke-class (DDG 51) destroyers for the U.S. Navy. The contract includes options for additional DDG 51 ships and for engineering, design, and post-delivery efforts. Due to potential competitions for the option ships, the cumulative dollar value of the multi-year contract will not be disclosed at this time. \u201cIt is a privilege for our shipbuilders to build these ships in service of our Navy,\u201d said Ingalls Shipbuilding President Kari Wilkinson. \u201cWe look forward to the years of stability that this award provides and the opportunity to continue working with our industry partners on &hellip; Continue reading &quot;HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-02T08:07:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4NTI1NCM1NzMxNzcyIzIwMTA4ODQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract\",\"datePublished\":\"2023-08-02T08:07:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\\\/\"},\"wordCount\":478,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg4NTI1NCM1NzMxNzcyIzIwMTA4ODQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\\\/\",\"name\":\"HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract - 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The contract includes options for additional DDG 51 ships and for engineering, design, and post-delivery efforts. Due to potential competitions for the option ships, the cumulative dollar value of the multi-year contract will not be disclosed at this time. \u201cIt is a privilege for our shipbuilders to build these ships in service of our Navy,\u201d said Ingalls Shipbuilding President Kari Wilkinson. \u201cWe look forward to the years of stability that this award provides and the opportunity to continue working with our industry partners on &hellip; Continue reading \"HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/","og_site_name":"Market Newsdesk","article_published_time":"2023-08-02T08:07:22+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4NTI1NCM1NzMxNzcyIzIwMTA4ODQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract","datePublished":"2023-08-02T08:07:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/"},"wordCount":478,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4NTI1NCM1NzMxNzcyIzIwMTA4ODQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-six-destroyers-in-u-s-navy-multi-year-contract\/","name":"HII is Awarded Six Destroyers in U.S. Navy Multi-Year Contract - 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