Shipbuilding Competition for DDG-51 Destroyer Contracts
What happened
Bath Iron Works and Newport News Shipbuilding are currently competing for DDG-51 destroyer contracts. Bath Iron Works has historically competed against Huntington Ingalls Industries in Mississippi for these contracts. The future of Bath Iron Works depends on a steady Navy workload and continued investment in the yard, according to reports.
From pressherald.com
Why it matters
The competition for destroyer contracts is critical because Bath Iron Works, as a privately owned shipyard, does not have the same direct federal recapitalization path as public facilities. Sustained loss of destroyer work could lead to job losses and the erosion of skilled engineering and design capacity.
Huntington Ingalls Industries and Bath Iron Works are major players in the shipbuilding and MRO sector.
From pressherald.com
Who's involved
- Bath Iron WorksAmerican shipyard competing for DDG-51 destroyer contracts
- Newport News ShipbuildingShipyard competing against Bath Iron Works for DDG-51 contracts
- General DynamicsParent company of Bath Iron Works
- Susan CollinsSenator whose political influence is used to secure contracts for Bath Iron Works
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
The union might see job losses and reduced workload if Bath Iron Works loses destroyer contracts.
- General DynamicsSpeculative
General Dynamics might see its revenue affected by competitive threats to Bath Iron Works' contract awards.
- General Dynamics Electric BoatSpeculative
General Dynamics Electric Boat might see its competitive position in the shipbuilding sector change due to contract competition.
How it developed
Newest first. Tap a step to see who reported it.- The Pentagon certified Bath Iron Works to build a second destroyer, with the first ship slated for construction in Mississippi.Sub-event
BIW and NNS are vying for DDG-51 contracts, highlighting competition in the defense sector.1 source
Keep exploring
The entities involved
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Bath Iron Works
American shipyard located on the Kennebec River in Bath, Maine
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Newport News Shipbuilding
shipyard in the United States