WASHINGTON, July 1 (UPI) -- Ingalls Shipbuilding, a division of Huntington Ingalls Industries, has been awarded a $272 million fixed-price-incentive U.S. Navy contract for the planning, advanced engineering and procurement of long lead time material in support of the sea service's next America-class amphibious assault ship, LHA-8.
The contract includes options that, if exercised would bring the cumulative contract value to $3.1 billion.