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Va. shipbuilder gets $296M more for Navy contract

Friday - 9/28/2012, 6:32pm  ET

NEWPORT NEWS, Va. - Newport News Shipbuilding is continuing its work the aircraft carrier John F. Kennedy.

The division of Huntington Ingalls Industries announced this week that it has received a $296 million modification to a Navy contract to continue preparations for the construction of the nuclear-powered ship.

It is the second ship in the Gerald R. Ford class, which is the Navy's latest class of nuclear-powered aircraft carriers.

The John F. Kennedy's first steel was cut in December 2010. Officials say that full construction is expected to begin in 2013. The shipbuilder expects to deliver the aircraft carrier to the Navy no later than 2022.

This will be the second aircraft carrier named after Kennedy. The USS John F. Kennedy was decommissioned in 2007.

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