Contract Award Overview
Huntington Ingalls Industries Mission Technologies Corp, a subsidiary of Huntington Ingalls Industries (NYSE:HII) based in McLean, Virginia, received a contract from the U.S. Department of Defense valued at $417.7 million (approximately $418 million). The award, announced on 19 June 2026, is identified as contract number N00024-26-D-4103 and was issued by the Naval Sea Systems Command in Washington, D.C.
The contract is structured as a cost‑plus‑fixed‑fee, indefinite‑delivery/indefinite‑quantity (ID/IQ) agreement. It obligates Huntington Ingalls to provide maintenance and repair services for aircraft‑carrier and amphibious‑ship elevators used by the U.S. Navy. Work will be performed both inside and outside the continental United States as well as at forward‑deployed locations, with the overall effort slated for completion by June 2031.
At the time of award, no funds are obligated; financial obligations will be triggered on an order‑by‑order basis as individual work orders are issued. The procurement was competitive, receiving a single offer, and the contract was awarded on that basis.
This contract adds to Huntington Ingalls Industries’ portfolio of defense and energy solutions provided to the U.S. government, reinforcing its role as a primary supplier of military shipbuilding and related services.