Ingalls awarded $697.6M Navy contract - WLOX.com - The News for South Mississippi

Ingalls awarded $697.6M Navy contract

PASCAGOULA, MS (WLOX) -

There's good news for Mississippi's largest single private employer. Ingalls Shipyards has been awarded another multi-million dollar Navy contract. It's the fourth since the company spun-off from Northrop Grumman last spring.

Monday, the Navy selected Ingalls to build its 30th Arleigh Burke-class guided missile destroyer, the DDG-114. The contract is worth $697.6 million.

The Navy also revealed the value of the another destroyer contract announced in June - $783 million for DDG 113.

Ingalls leaders say this future work, along with the seven ships currently under construction, mean stability for the workforce in Pascagoula, Gulfport and New Orleans.

Copyright 2011 WLOX. All rights reserved.

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