Ingalls Shipbuilding Awarded $769-Million Navy Contract To Build Four Aegis Cruisers

The U.S. Navy has awarded Ingalls Shipbuilding division of Litton, Pascagoula, Miss., a $769.1-million contract to build four additional Ticonderoga (CG-47) Class Aegis guided-missile cruisers.

This award brings the total number of Aegis cruisers awarded Ingalls to 19 of the 27 ships authorized in the program. Nine of the ships have been delivered by Ingalls to the Navy and two more will be delivered later this year. Ingalls is the lead shipyard for the cruiser program, which began in 1978.

"The award of four out of five ships to Ingalls is significant for our shipyard and our employees," said Jerry St. Pe, president of Ingalls and senior vice president of Litton Industries.

"It is the direct result of outstanding performance by Ingalls's work force recorded to date in building the 15 Aegis cruisers, currently under contract on time and within budget, and it reflects the success of our continuing efforts to further improve the efficiency of our shipyard operation," he continued.

Mr. St. Pe said the four-ship award would contribute to stabilizing future work force levels, and help sustain high levels of employment that will be reached within the next three years. Overall employment at the shipyard is currently 11,500.

For information on the shipbuilding services, facilities and capabilities of Ingalls, Circle 11 on Reader Service Card

Maritime Reporter Magazine, page 56, Apr 1988

Read Ingalls Shipbuilding Awarded $769-Million Navy Contract To Build Four Aegis Cruisers in Pdf, Flash or Html5 edition of April 1988 Maritime Reporter

Other stories from April 1988 issue

Content

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.