Benzinga | Aug 10, 2021 08:09AM EDT

Huntington Ingalls Wins $273M Contract With US Navy Aircraft Carrier, Surface Ship Maintenance

Huntington Ingalls Industries' (NYSE:HII) Technical Solutions division announced today that it has been awarded a five-year contract with a total value of $273 million to support the U.S. Navy's carrier engineering maintenance assist team, surface engineering maintenance assist team for west coast surface ships, and other maintenance and material readiness programs.

"Continuous modernization and sustainment of our nation's fleet is essential to our national security," said Garry Schwartz, president of Technical Solutions' Defense and Federal Solutions business group. "HII is honored to extend our 40-year partnership with the U.S. Navy in support of these critical defense assets, and to continue leveraging our expertise to maximize efficiency and cost-savings in the future."

Work performed on the contract will support maintenance and planning for the overhaul and repair of equipment and systems including hull, mechanical and electrical; aviation equipment and systems; command, control, communications, computer and intelligence; and combat support systems. The programs follow a "find, fix and train" philosophy with assessments, maintenance, and training to enhance sailor self-sufficiency and maintenance capabilities while ensuring platforms remain mission capable. Work will be performed within the U.S. and internationally during operational deployments.

A photo accompanying this release is available at: https://newsroom.huntingtoningalls.com/file/tsd-ship-support.

Huntington Ingalls Industries is America's largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII's Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII's Technical Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs approximately 41,000 people operating both domestically and internationally. For more information, visit:

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