Ingalls Shipbuilding awarded construction contract for DDG 113

Ingalls Shipbuilding, a division of Huntington Ingalls Industries, Inc. (NYSE:HII), has been awarded a construction contract for the Arleigh Burke-class (DDG 51) destroyer DDG 113.

The award amount is considered source selection-sensitive information as it represents Phase I of a competitive two-phased acquisition approach to procure FY11/FY12 DDG 51’s. Phase II includes the potential award of up to three additional ships.

DDG 113 will be the 29th Arleigh Burke-class destroyer built by Ingalls.

“The opportunity to build DDG 113 and the Navy’s plan to restart the DDG 51 class production line aligns with our business strategy of building classes of ships in serial production,” said Bob Merchent, vice president, surface combatants and U.S. Coast Guard programs, Ingalls Shipbuilding. “We’ve built a strong DDG team, and we’re focused on building these ships more efficiently. Focusing on better processes and improved performance ensures our future and gets the Navy more ships.”

Ingalls Shipbuilding has delivered 28 Arleigh Burke-class ships to the U.S. Navy. The company’s 28th ship, William P. Lawrence (DDG 110), was commissioned in Mobile, Ala., on June 4.

June 16, 2011