HII's New Contract Modification for Submarine Construction
NEWPORT NEWS, Va. — HII (NYSE: HII) has made a momentous announcement regarding its Virginia-class shipbuilding team. Recently, the company revealed that it has been awarded a contract modification that will significantly enhance the construction of two additional Block V submarines, a development crucial for national security.
Details of the Contract Modification
This contract modification specifically authorizes HII's Newport News Shipbuilding (NNS) division, in collaboration with General Dynamics Electric Boat, to proceed with the construction of the 11th and 12th fast-attack submarines under the Block V procurement strategy.
Jason Ward, the vice president of submarine construction at NNS, expressed his gratitude for the collaborative effort that led to this important achievement. "We appreciate the teamwork that resulted in these critical national security assets being put under contract," he noted. Ward emphasized how vital the Virgina-class submarines are for the sailors who rely on them, and reassured that their dedicated shipbuilders are diligently working to deliver these advanced vessels to the fleet.
Significance of the Virginia-class Submarines
The Virginia-class submarines are known for their cutting-edge technology and capabilities, making them vital assets in ensuring maritime security and operational effectiveness in modern naval warfare. To date, NNS and General Dynamics Electric Boat have built and delivered a total of 24 Virginia-class submarines, each contributing tremendously to the U.S. Navy's operational strength.
About HII and Its Mission
HII is recognized as a global leader in defense contracting and shipbuilding. With over 135 years of history in advancing U.S. national security interests, the company stands as the largest military shipbuilder in the nation. HII prides itself on delivering powerful vessels and all-domain solutions that empower customers to uphold peace and freedom throughout the globe.
The company has a vast portfolio that extends beyond traditional shipbuilding; it also includes innovative solutions through unmanned systems, cybersecurity, intelligence, surveillance, and reconnaissance (ISR), as well as artificial intelligence and machine learning applications. With a robust workforce of approximately 44,000 employees, HII is equipped to tackle the evolving challenges of defense and security.
How to Stay Updated with HII
For those interested in staying connected with HII's latest developments and insights into their impressive work in defense and maritime security, they have a strong online presence. People can explore more about their mission and projects by visiting HII's official website and their various social media platforms.
Contact Information
If you have inquiries or need further information, you can reach out to Todd Corillo via email at Todd.T.Corillo@hii-co.com or by phone at (757) 688-3220.
Frequently Asked Questions
What is the significance of the recent contract modification awarded to HII?
The contract modification allows HII to build two additional Block V Virginia-class submarines, enhancing national security capabilities.
Who are HII's key partners in the submarine construction?
HII collaborates with General Dynamics Electric Boat on the construction and development of the Virginia-class submarines.
How many Virginia-class submarines have been built to date?
As of now, HII and General Dynamics Electric Boat have successfully built and delivered a total of 24 Virginia-class submarines.
What is HII's mission statement?
HII aims to deliver the world’s most powerful ships and comprehensive defense solutions to support national security and ensure a peaceful global environment.
How can I find more information about HII's activities?
You can visit HII's official website or follow them on social media platforms to keep up-to-date with their projects and offerings.
