HII is Awarded Contract to Execute USS Harry S. Truman (CVN 75) Refueling and Complex Overhaul
Contract options would bring the cumulative value to $5,183,380,744 if exercised.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
HII (NYSE: HII) has been awarded a $5,099,973,132 contract to refuel and overhaul aircraft carrier USS Harry S. Truman. The award is for its Newport News Shipbuilding division. Options, if exercised, would bring the cumulative contract value to $5,183,380,744. Work includes refueling the ship’s reactors, modernizing compartments and ship systems, and upgrading propulsion and combat systems.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Major pointNewport News Shipbuilding awarded $5,099,973,132 contract for USS Harry S. Truman’s refueling and complex overhaul. 50% of market cap
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Cumulative contract value of $5,183,380,744 depends on options being exercised.
Key Figures
- Awarded contract value
- $5,099,973,132
- USS Harry S. Truman refueling and complex overhaul
- Cumulative contract value with options
- $5,183,380,744
- If contract options are exercised
Key Terms
refueling and complex overhaul technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEWPORT NEWS, Va., Sept. 29, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division has been awarded a
“Our team has been diligently working to get ahead on this critical engineering and construction project that will prepare USS Harry S. Truman for the second half of her service life,” said Bryan Caccavale, NNS vice president of program management. “When the ship arrives at NNS, we’ll apply that same diligence to working with our suppliers and Navy partners to ensure a successful recapitalization of CVN 75.”
The RCOH represents nearly a third of all maintenance and modernization in an aircraft carrier's service life. Truman’s RCOH will include refueling the ship’s reactors, as well as extensive modernization work in thousands of compartments and tanks, as well as on most ship systems. In addition, major upgrades will be made in the propulsion plant and combat systems.
Built at NNS, CVN 75 was christened in 1996 and delivered to the Navy in 1998. USS Harry S. Truman will be the eighth Nimitz-class carrier to undergo RCOH at NNS.
A photo accompanying this release is available at: http://hii.com/news/hii-is-awarded-contract-to-execute-uss-harry-s-truman-cvn-75-refueling-and-complex-overhaul/.
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.
With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 45,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
- HII on LinkedIn: https://www.linkedin.com/company/wearehii
Contact:
Todd Corillo
Todd.T.Corillo@HII-co.com
(757) 688-3220
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/85187469-8a89-49dc-82b5-5d0da2ba8a29
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much is HII’s USS Harry S. Truman overhaul contract worth?
The awarded contract is worth $5,099,973,132. Options, if exercised, would bring its cumulative value to $5,183,380,744.
What work does HII’s USS Harry S. Truman overhaul contract cover?
The contract covers refueling and complex overhaul, including reactor refueling, modernization of compartments and ship systems, and upgrades to propulsion and combat systems.