HII awarded $418 million contract for Navy elevator support
The five-year IDIQ contract covers repair and maintenance of shipboard elevators on carriers and amphibious ships, with training and rapid response teams.
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Largest military shipbuilder and defense technology provider
hii.comLast updated
In short: HII secured a $418 million Navy elevator maintenance contract and expanded its autonomous vessel portfolio despite carrier production delays.
The five-year IDIQ contract covers repair and maintenance of shipboard elevators on carriers and amphibious ships, with training and rapid response teams.
DDG 128 departed HII’s Ingalls Shipbuilding for final outfitting and testing.
HII advances capabilities like autonomous UUV launch, Sea Launcher, and Mobile Surface Gateway to support U.S. Navy's networked fleet. Innovations reduce risks and extend missions.
The award supports design and development efforts for the U.S. Navy's frigate program.
Huntington Ingalls has underperformed the Nasdaq Composite over the past year. However, Street analysts are bullish about its prospects.
HII's Mission Technologies will deliver engineering, upkeep and repair support for ship elevators, cargo gear and related onboard systems.
Detailed price information for Bae Systems Plc ADR (BAESY) from The Globe and Mail including charting and trades.
On June 18, 2026, Huntington Ingalls Industries HII announced a significant contract worth approximately $417.7 million. This cost-plus-fixed-fee agreement focuses on the maintenance and repair...
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