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The Navy last week awarded six new Arleigh Burke-class DDG-51 destroyers to Huntington Ingalls Industries [HII] and four to General Dynamics [GD] Bath Iron Works (BIW) for a combined value of $9 billion.Both fixed-price firm target multiyear contracts cover one Flight III DDG-51 destroyer for each company per year from FY 2019 – 2022. HII also won two DDG-51s in FY 2018.The larger Huntington Ingalls contract is worth $5.1 billion for six destroyers while the General Dynamics contract is worth…
