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AEROSPACE NEWS

HII Wins $283M Frigate Lead Yard Support Contract

Key Takeaways
  • HII's Ingalls Shipbuilding awarded $283M contract for frigate lead yard support.
  • Contract allows procurement of long lead time material and pre-construction activities.
  • Ingalls will begin cutting and shaping raw material for the first frigate.
  • New frigates will be constructed alongside other shipbuilding programs.
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Strategic Implications

This contract award may indicate the Navy's confidence in Ingalls Shipbuilding's capabilities, which could strengthen HII's position in the shipbuilding industry. The investment in modernizing infrastructure and facilities suggests a focus on efficiency and capacity, which may benefit the company in future competitions.

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What Happened

Ingalls Shipbuilding To Accelerate Delivery Of New Frigates

HII’s Ingalls Shipbuilding division has been awarded a $283 million contract by the U.S. Navy to perform lead yard support activities for the new FF(X) class frigate. The contract will enable Ingalls to procure long lead time material, execute design work, and begin pre-construction activities for the first ship. According to the company, this new approach will facilitate a smooth transition from design to production. The news was first reported by GlobeNewswire.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

HII Wins $283M Frigate Lead Yard Support Contract

Sponsored by: Jumpseat Solutions
Key Takeaways
  • HII's Ingalls Shipbuilding awarded $283M contract for frigate lead yard support.
  • Contract allows procurement of long lead time material and pre-construction activities.
  • Ingalls will begin cutting and shaping raw material for the first frigate.
  • New frigates will be constructed alongside other shipbuilding programs.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This contract award may indicate the Navy's confidence in Ingalls Shipbuilding's capabilities, which could strengthen HII's position in the shipbuilding industry. The investment in modernizing infrastructure and facilities suggests a focus on efficiency and capacity, which may benefit the company in future competitions.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Ingalls Shipbuilding To Accelerate Delivery Of New Frigates

HII’s Ingalls Shipbuilding division has been awarded a $283 million contract by the U.S. Navy to perform lead yard support activities for the new FF(X) class frigate. The contract will enable Ingalls to procure long lead time material, execute design work, and begin pre-construction activities for the first ship. According to the company, this new approach will facilitate a smooth transition from design to production. The news was first reported by GlobeNewswire.

Source

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