PASCAGOULA, Miss., Sept. 13, 2013 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) has started fabrication of the U.S. Navy's next Aegis guided missile destroyer, Ralph Johnson (DDG 114). The ship will be the 30 th Arleigh Burke-class (DDG 51) destroyer built at the company's Ingalls Shipbuilding division.
A photo accompanying this release is available at http://media.globenewswire.com/hii/mediagallery.html?pkgid=20939
"The DDG 51 program continues to be a model of success for our company," said DDG 51 Program Manager George Nungesser. "We have talented, experienced shipbuilders working on this program, and they have provided excellent quality on Aegis destroyers since the program's inception."The start-of-fabrication milestone signifies that 100 tons of steel have been cut for DDG 114. Ingalls uses state-of-the-art robotic cutting machines to ensure the steel is cut and fabricated to exact Navy specifications. Ralph Johnson is expected to be delivered in the first half of 2017. Georgeann McRaven, the ship's sponsor, visited Ingalls to observe a special start-of-fabrication ceremony. She is wife of U.S. Navy Adm. William McRaven, commander, U.S. Special Operations Command.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts