Skip to main content

HII is Awarded DDG 1000 Modernization Contract

Written by Customer Service on . Posted in Public Companies.

USS Zumwalt (DDG 1000) Arrival at Ingalls – August 2023

USS Zumwalt (DDG 1000) preparing to dock at Ingalls Shipbuilding on Aug. 19, 2023.
USS Zumwalt (DDG 1000) preparing to dock at Ingalls Shipbuilding on Aug. 19, 2023.

PASCAGOULA, Miss., Aug. 29, 2023 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division was awarded a $154.8 million contract modification today for the modernization of USS Zumwalt (DDG 1000).

“It is an honor to serve the sailors of Zumwalt and to welcome them to our community,” said Ingalls Shipbuilding DDG 1000 ship construction manager Bruce Knowles. “The Ingalls team is ready to support you in completing this important work.”

USS Zumwalt (DDG 1000) arrived in Pascagoula on Aug. 19 after leaving San Diego earlier in the month. The ship will enter a modernization period and receive technology upgrades including the integration of the Conventional Prompt Strike (CPS) weapon system, ensuring USS Zumwalt remains one of the most technologically advanced and lethal ships in the U.S. Navy.

In January 2023, Ingalls was awarded a $10.5 million contract for the modernization period planning of Zumwalt-class guided missile destroyers, USS Zumwalt (DDG 1000) and USS Michael Monsoor (DDG 1001). USS Michael Monsoor will receive the CPS install at Ingalls during a future modernization period. Additionally, Lyndon B. Johnson (DDG 1002) arrived at Ingalls in January 2022 and is undergoing a combat systems activation.

Zumwalt Arrival August 2023

A photo accompanying this release is available at: https://hii.com/news/zumwalt-ddg-1000-arrival-ingalls-shipbuilding-2023/.

Zumwalt-class destroyers feature a state-of-the-art electric propulsion system, wave-piercing tumblehome hull, stealth design and are equipped with the most advanced warfighting technology and weaponry. These ships will be capable of performing a range of deterrence, power projection, sea control, and command and control missions.

In the last five years, HII has invested nearly $1 billion in the infrastructure, facility and toolsets at Ingalls, enabling their people, improving product flow and process efficiency, and enhancing product quality. As a long-standing partner in the construction and system activation of Navy destroyers, Ingalls is able to leverage their 85-year shipbuilding legacy and modernized facilities to support future generation systems and platforms.

About HII

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.

As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 43,000 strong. For more information, visit:

Contact:

Kimberly K. Aguillard
228-355-5663
Kimberly.K.Aguillard@hii-co.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/61416524-f0b6-4597-ae9d-a8adfb0b7771

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.