General Dynamics, HII subsidiaries receive $14.58B in Navy contracts
Contractors will build 10 Arleigh Burke-class destroyers during next decade
Reston-based General Dynamics’ Bath Iron Works subsidiary and Newport News-based Huntington Ingalls Industries’ Ingalls Shipbuilding will construct Arleigh Burke-class guided missile destroyers for the Navy during the next 10 years under contracts valued up to $14.58 billion.
The Pentagon announced the contracts Aug. 1 but did not specify the total until Wednesday.
The fixed-price incentive multiyear contracts call for General Dynamics’ Bath Iron Works in Maine to construct three ships from fiscal 2023 through fiscal 2026; Huntington Ingalls’ Mississippi-based Ingalls Shipbuilding will build seven ships: two apiece in fiscal 2023 and fiscal 2025, and one ship apiece in fiscal years 2024, 2026 and 2027.
The contracts include options for engineering change proposals, design budgeting requirements, post-delivery availability and options for construction of additional ships.