Weapons Buyer Backs $4 Billion Huntington Carrier Contract
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The Pentagon’s top weapons buyer has approved awarding Huntington Ingalls Industries Inc. a contract valued at as much as $4 billion to start building the second in the new Ford class of aircraft carriers.
Frank Kendall issued a decision memo for the Navy to proceed with detailed design and construction of the USS John F. Kennedy and make a down payment on the third carrier in the $42.8 billion program. The memo, signed on Wednesday evening, was obtained by Bloomberg News.