USS Gerald R. Ford, a conceptual rendering of CVN 78, the first of a new generation carrier design, CVN 21, for the US Navy, underway at Northrop Grumman Newport News.From Reuters:
WASHINGTON (Reuters) - Northrop Grumman Corp (NOC.N: Quote, Profile, Research, Stock Buzz) won a contract worth up to $5.1 billion over seven years to complete the design and build the future Gerald R. Ford, the first in a new class of U.S. Navy aircraft carriers, the Defense Department said on Wednesday.
Work on the nuclear-powered carrier will be performed in Newport News, Virginia, and is expected to be wrapped up by September 2015, the Pentagon said in its daily contract summary.
Advance construction began in 2005 under a separate Northrop contract valued at $2.7 billion, the company said in a statement.
"This contract award is an important and historic milestone for our company, our Navy and our country," said Matt Mulherin, vice president and general manager for Northrop Grumman Shipbuilding's Newport News operations.
The ship represents the Navy's first major investment in aircraft carrier design in more than 30 years and features big improvements on the 1960's Nimitz-class design, the Navy said in a separate statement.
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My Comment: Considering how dangerous the world is becoming .... they are only building one?!?!?!
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