Ingalls Shipbuilding To Modernize U.S Navy’s Aegis Missile Cruisers

Ingalls Shipbuilding, a subsidiary of Huntington Ingalls Industries, announced today that it has been awarded a $83.3 million cost-plus-award-fee contract from the U.S. Navy for continued life-cycle engineering, modernization and support services for the fleet of USS Ticonderoga-class (CG 47) Aegis guided missile cruisers. The contract is the first of five options which, if exercised, would place the total value of the contract at $468.2 million. "This award builds on the U.S. Navy's confidence in the versatility we have as a shipbuilding company in not only building quality warships, but also in providing life-cycle and modernization support," said Bob Merchent, Ingalls' vice president, surface combatants and U.S. Coast Guard programs. "This contract validates Ingalls Shipbuilding's long-standing reputation for excellence in fleet sustainment and in building CG 47-class ships. Obviously it takes the efficiency and skill of our shipbuilders to accomplish these efforts, and I'm confident they will demonstrate quality performance on this important project for these surface combatants". The CG 47-class cruisers represent a significant portion of the Navy's surface combatants, and the modernization effort will increase their service life and war-fighting capability for another 20 years.