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Navy awards aircraft carrier overhaul contract

Friday - 3/29/2013, 6:56pm  ET

NEWPORT NEWS, Va. -- The Navy has awarded a $2.6 billion contract to Newport News Shipbuilding to conduct a mid-life refueling and overhaul of the USS Abraham Lincoln.

The contract for work on the nuclear-powered aircraft carrier was awarded on Friday. The contract had previously been delayed for about six weeks because Congress had failed to pass an appropriations bill in time to begin the work.

Nuclear-powered aircraft carriers undergo a refueling and complex overhaul once in their 50-year lifespan. The work includes refueling the reactors, repairing and upgrading the ship infrastructure and modernizing the ship's combat and communication systems. Newport News Shipbuilding is the only company that builds and overhauls U.S. aircraft carriers.

The overhaul is scheduled to be completed in November 2016.

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