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Will Huntington Ingalls Build the Navy's New Super-Frigate?
Fool.com ^ | October 04, 2014 | Motley Fool

Posted on 10/05/2014 10:23:27 PM PDT by sukhoi-30mki

The U.S. Coast Guard has confirmed Huntington Ingalls will not be building its new fleet of Offshore Patrol Cutters -- and great is the lamentation in Newport News, Va.

Huntington Ingalls won't get to build a new Offshore Patrol Cutter for the Coast Guard. But its National Security Cutter just might fit Navy needs for a new Small Surface Combatant. Photo: Huntington Ingalls .

For years, Huntington Ingalls has been the Coast Guard's go-to builder for building its multiple coastal and deepwater patrol vessels . News that Huntington didn't even make the short list in February, however -- and that its archrival, General Dynamics , did -- must have cut Huntington Ingalls stock owners to the quick. Worse, the Coast Guard's reluctance to entrust the building of its OPC fleet to Huntington appeared to bode ill for the company's plan to bid on an even bigger contract to build a new class of warship for the U.S. Navy.

OPC, meet SSC

Earlier this year, we told you about the Navy's plan to design and build a fleet of new "Small Surface Combatants," or SSCs. Essentially a new class of frigate to replace the FFG 7 Oliver Hazard Perry -class warships, the SSC would be bigger and more capable than the Navy's much-maligned Littoral Combat Ships , but smaller than its popular line of DDG 51 destroyers.

With as much as $40 billion in Pentagon defense dollars potentially up for grabs, the SSC would be pretty popular itself. Indeed, at last report, everyone from Huntington and General Dynamics, to Lockheed Martin , Australia's Austal , and even Raytheon is angling for a piece of this pie. Huntington's loss of the Coast Guard O

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TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: frigate; huntingtoningalls; lcs; usn

1 posted on 10/05/2014 10:23:27 PM PDT by sukhoi-30mki
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To: sukhoi-30mki

Obama would rather pay people to set on their ass at home than to fund things we may actually need.


2 posted on 10/05/2014 10:36:46 PM PDT by boycott
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To: boycott

Obama would give away the whole US Navy if he could get away with it.


3 posted on 10/05/2014 10:54:02 PM PDT by laplata (Liberals don't get it .... their minds are diseased.)
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To: sukhoi-30mki
News that Huntington didn't even make the short list in February, however -- and that its archrival, General Dynamics , did -- must have cut Huntington Ingalls stock owners to the quick.

Looks like a setup for an acquisition. Zero helps the big fish eat the small fry, again.

4 posted on 10/05/2014 11:00:16 PM PDT by Carry_Okie (Democrats: the Party of slavery to the immensely wealthy for over 200 years.)
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To: Carry_Okie; All
Yeah...pRes. "Bathhouse" E'Bola, Spreading Destruction as It grows..
The Washington GOP/e
G
ivingO'BamaPower/everytime

5 posted on 10/06/2014 2:37:40 AM PDT by skinkinthegrass (The end move in politics is always to pick up a weapon...Pres. E'Bola/"Rustler" Reid? d8-)
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To: Carry_Okie

Not likely as Huntington was just cut loose by General Dynamics a couple of years ago, I believe.


6 posted on 10/06/2014 3:38:40 AM PDT by WHBates
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To: WHBates

GD did not own Huntington Ingalls. Northrup Grumman created Huntington Ingalls a few years back by combining the yards in Newport News, VA, Pascagoula MS. and Avondale, La into one division and spinning them off as Huntington Ingalls.


7 posted on 10/06/2014 4:38:29 AM PDT by X Fretensis (How)
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To: sukhoi-30mki

I find it a bit amusing that someone has deemed that a USCG cutter needs to be designed with radar reflecting faces above deck. This is about the equivalent of the US Postal Service deciding that all new mail delivery trucks will have a DVD player.


8 posted on 10/06/2014 6:07:51 AM PDT by Rodamala
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To: X Fretensis

Thanks for the correction


9 posted on 10/06/2014 3:05:42 PM PDT by WHBates
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