Huntington Ingalls Wins $56 Million US Navy Contract for AUKUS Submarine Work
MT newswire2026/10/14 08:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:16 AM EDT, 10/14/2026 (MT Newswires) -- Huntington Ingalls' (HII) Newport News Shipbuilding division won a $56 million US Navy contract to support engineering and design work for the Australia, United Kingdom and United States partnership, the company said Tuesday. The contract includes an option to raise its value to $91 million and covers engineering and design support for the UK, Australia and the SSN-AUKUS submarine, the company said. Huntington added that the contract builds on its broader AUKUS efforts, including qualifying Australian suppliers for the US submarine industrial base and developing Australia's nuclear-powered submarine capabilities.
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