in ,

Report: HII Newport News Could Secure Two-Carrier Contract by End of January

Report: HII Newport News Could Secure Two-Carrier Contract by End of January - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

Report: HII Newport News Could Secure Two-Carrier Contract by End of January - top government contractors - best government contracting eventThe Department of Defense on Monday notified Congress that it would proceed with a block buy of two aircraft carriers in a move that could pave the way for the U.S. Navy to award the contract by the end of January, USNI News reported Wednesday.

“The Navy has reached a price agreement with Huntington Ingalls Industries’ Newport News Shipbuilding for a two-carrier buy of CVN-80 and 81,” a spokesman for the service branch told the publication.

“Further information will be available upon contract award.”

A congressional staffer said the Navy could realize approximately $4B in savings through the two-carrier deal.

According to the report, the fiscal 2019 National Defense Authorization Act authorizes the Navy to pursue the block buy provided that the DoD secretary issues at least 30 days prior to the contract award a certification letter, which states that a fixed-price contract for the two ships would lead to significant savings.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

Raytheon Gets $81M Navy Contract Modification for F/A-18E/F, EA-18G Configuration Components - top government contractors - best government contracting event
Raytheon Gets $81M Navy Contract Modification for F/A-18E/F, EA-18G Configuration Components
Coalfire's Federal Group Obtains CMMI Level 3 Rating; Bill Malone Quoted - top government contractors - best government contracting event
Coalfire’s Federal Group Obtains CMMI Level 3 Rating; Bill Malone Quoted