What Happened
Shipbuilder Advances Aircraft Carrier Construction With Long-Lead Materials
HII has been awarded a $336 million contract from the U.S. Navy for the procurement of long-lead time materials necessary for the construction of the aircraft carrier CVN 82 at its Newport News Shipbuilding division. This contract marks the beginning of advanced procurement for critical propulsion plant materials, a key step in the planning process for CVN 82. According to HII, this contract sends an important demand signal to the thousands of suppliers across the nation who make up the aircraft carrier industrial base. The contract was announced by HII and reported by GlobeNewswire.