Ingalls gets NSC contract

PASCAGOULA, Miss. -- Huntington Ingalls Industries said its Ingalls Shipbuilding division has received a $76 million fixed-price contract from the U.S. Coast Guard to purchase long-lead materials for a sixth National Security Cutter. Construction and delivery of the yet-to-be-named WMSL 755 will be performed at the company's Pascagoula facility. A second phase of the contract, when awarded, would bring the overall value to $88 million. The cutters are 418 feet long and displace 4,500 tons with a full load. They have a top speed of 28 knots, a range of 12,000 miles, an endurance of 60 days and a crew of 110. (Source: Globe Newswire, 03/30/12)