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HII Nabs $25 Billion Of New Submarine Contract

HII Nabs $25 Billion Of New Submarine Contract
Pictured is an October, 2018 HII aerial photo of the company's Newport News Shipbuilding site.

HII [HII] on Thursday said its Newport News Shipbuilding division’s portion of the Navy’s latest multi-boat multi-year submarine contract deal is worth $25 billion. HII in a statement Wednesday evening following the government's announcement said its portion specifically includes being the delivery yard for six of the Virginia-class submarines and constructing and delivering six module sections for each Columbia-class submarine.  “What comes to Newport News, approximately $25 billion of that, and about five and a half billion of the Columbia…

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