The U.S. Navy has awarded HII a $5-billion contract to provide a major overhaul for the Nimitz-class nuclear-powered aircraft carrier USS Harry S. Truman (CVN 75)

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According to a report in USNI News, the US Navy has recently reached the initial acceptance phase for the future aircraft carrier USS John F. Kennedy (CVN-79).This marks one of the most significant final steps before the aircraft carrier officially and fully joins the active combat fleet of the United States. The advanced vessel, the second Gerald R. Ford-class aircraft carrier, departed Huntington Ingalls Industries' (HII) Newport News Shipbuilding to transit to Naval Station Norfolk in Virginia, where operational preparations and sea trials will continue.

The USS Harry S. Truman aircraft carrier arrived at Huntington Ingalls Industries on Thursday for refueling and a complex overhaul, according to a release from HII.

Priced at $267.07 each, the September 30, 2026 stock award brought direct holdings to 4,919 shares under the company's 2022 Long-Term Incentive Stock Plan.

HII won a $5.1 billion Navy contract to refuel and overhaul the USS Harry S. Truman, with work expected through 2031.

NEWPORT NEWS, Va., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Aircraft carrier USS Harry S. Truman (CVN 75) arrived at HII’s (NYSE: HII) Newport News Sh...

The overhaul will defuel and refuel the carrier’s power plant and repair propellers, shafts and rudders, preparing it to rejoin the Navy fleet.

Huntington Ingalls Industries (NYSE:HII) is in focus as fresh U.S. Navy awards strengthen the defense-industrial backlog story. See the September 30 setup, ke