Contract: Ingalls, $3.3B

Huntington Ingalls of Pascagoula, Miss., is being awarded a $3,331,476,001 fixed-price incentive, multiyear contract for construction of five DDG 51 class ships, one in each of fiscal 2013-2017. This contract includes options for engineering change proposals, design budgeting requirements and post-delivery availabilities, which, if exercised, would bring the cumulative value of this contract to $3,386,092,948. Work will be performed in Pascagoula, Miss. (56.3 percent), with additional work sites in Ohio, Massachusetts, Pennsylvania, New Jersey, Virginia and other locations. Work is expected to be completed by July 2023. This contract was procured via a limited competition between Huntington Ingalls and Bath Iron Works. The Naval Sea Systems Command, Washington, D.C., is the contracting activity. (Source: DoD, 06/03/13)