This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

PHOTO RELEASE: Newport News Shipbuilding Floods Dry Dock And Floats Aircraft Carrier

Stocks in this article: HII

NEWPORT NEWS, Va., Oct. 11, 2013 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding (NNS) division began flooding the dry dock where the aircraft carrier Gerald R. Ford (CVN 78) has been under construction since November 2009. With the push of a dozen buttons, ship's sponsor Susan Ford Bales initiated the flow of more than 100 million gallons of water into the dry dock.

Photos accompanying this release are available at: http://newsroom.huntingtoningalls.com/Content/Detail.aspx?ReleaseID=841&NewsAreaID=2 .

The flooding of the dry dock takes place in phases during which various tests are conducted. Initially, the dock is flooded about 4 feet high to its keel blocks, wood-capped concrete pads on which the ship has been supported during construction. Once the dock is fully flooded and initial afloat testing is complete, water will be partially pumped out and the ship returned to her keel blocks in anticipation of Ford's christening on Nov. 9. The ship will float again about a week later when it is moved to a pier for outfitting. Ford is scheduled for delivery to the U.S. Navy in 2016.

"Flooding of the dry dock, floating of the ship, and transfer to the outfitting pier all represent the successful completion of a tremendous amount of hard work by our talented shipbuilders," said Rolf Bartschi, NNS' vice president of CVN 78 carrier construction. "The shipbuilding team has taken great pride in building this first-of-class ship, and we all look forward to the next phase of ship construction and testing that will occur at the pier." 

Gerald R. Ford represents the next-generation class of aircraft carriers. The first-in-class ship features a new nuclear power plant, a redesigned island, electromagnetic catapults, improved weapons movement, an enhanced flight deck capable of increased aircraft sortie rates, and growth margin for future technologies and reduced manning.

"Thanks for holding my hand," Bales said, addressing a group of shipbuilders following the event. "It has been really special, and walking down the side of the ship today, I wished my dad was here. He would have been so proud of all of you, and I'm proud of all of you."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs