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Shipyard gets $296 million for carrier

Updated: Thursday, 27 Sep 2012, 11:25 PM EDT
Published : Thursday, 27 Sep 2012, 9:01 PM EDT

NEWPORT NEWS, Va. (WAVY) - Newport News Shipbuilding has received a nearly $300 million contract from the Navy to build a new aircraft carrier.

According to Huntington Ingalls Industries , the company received $296 million to continue construction on nuclear-powered carrier John F. Kennedy.

The John F. Kennedy is the second ship the in Gerald R. Ford class, the Navy's newest class of carriers.

Delivery to the Navy is scheduled no later than 2022, and the first piece of steel for the John F. Kennedy was cut nearly two years ago.

The contract will be used toward piping, elevators, propellers, steel plate and fittings.

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