HII (NYSE:HII) announced today that its Newport News Shipbuilding division has been awarded a $5,099,973,132 contract for the refueling and complex overhaul (RCOH) of nuclear-powered aircraft carrier USS Harry S. Truman (CVN 75). The contract includes options which, if exercised, would bring the cumulative value of this contract to $5,183,380,744.

"Our team has been diligently working to get ahead on this critical engineering and construction project that will prepare USS Harry S. Truman for the second half of her service life," said Bryan Caccavale, NNS vice president of program management. "When the ship arrives at NNS, we’ll apply that same diligence to working with our suppliers and Navy partners to ensure a successful recapitalization of CVN 75."