Ingalls awarded $5.1 billion contract
Ingalls Shipbuilding in Pascagoula has been awarded a $5.1 billion contract for construction of six Arleigh Burke class flight III destroyers for the U.S Navy.
The contract includes options for engineering and post-delivery efforts which, if exercised, would bring the cumulative value of the contract to approximately $5.25 billion.
Over the course of 30 years, Ingalls has built and delivered 30 Arleigh-Burke class destroyers.
The shipyard currently has five DDGs under construction including the first flight III ship, DDG 125, which started fabrication in May.