Ingalls wins NSC contract

PASCAGOULA, Miss. -- Ingalls Shipbuilding division has received a $497 million fixed-price, incentive-fee contract from the U.S. Coast Guard to build a seventh Legend-class National Security Cutter (WMSL 756). Construction on the ship will begin in January 2015. Ingalls has delivered the first three NSCs and has three more under construction. Hamilton (WMSL 753) is 81 percent complete and will deliver in the third quarter of 2014; James (WMSL 754) is 52 percent complete and will launch in April, and the sixth NSC (WMSL 755) began construction late last year and is scheduled for launch in the fourth quarter of 2015. The seventh ship, WMSL 756, is scheduled for delivery in 2018. (Source: Huntington Ingalls, 03/31/14)