HII awarded $3.67B Navy contract modification

HII was awarded a $3.67B fixed-price incentive modification to a previously awarded contract to definitize the advance procurement of long lead time material procurement and procure the detail design and construction and special studies in support of one amphibious assault ship replacement America class Flight 1 ship. This contract modification includes options which, if exercised, would bring the cumulative value of this contract to $3.89B. Work is expected to be completed by September 2033. If all options are exercised, work will continue through March 2035. FY23 shipbuilding and conversion funds in the amount of $115M and FY22 shipbuilding and conversion funds in the amount of $203,039, will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.