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Ingalls Shipbuilding awarded $99 million contract modification for DDG 1002 Sea Trials with the Navy.

Oct 20, 2026

Contract Type

contract

PascagoulaManufacturingConstructionNational Security

Description

Ingalls Shipbuilding has received a $99 million contract modification from the Navy to perform Sea Trials for the Lydon B. Johnson, a Zumwalt-class destroyer. This contract underscores the Navy's confidence in Ingalls' capabilities for crucial system testing and trials.

Company Information

Company

Ingalls Shipbuilding

Location

Pascagoula, Mississippi, United States

About

Ingalls Shipbuilding is a division of Huntington Ingalls Industries, specializing in the design and construction of military ships. Located in Pascagoula, Mississippi, it has a long history of building advanced naval vessels and is a significant player in the defense industry. The company is known for its focus on innovation and has delivered numerous ships to the U.S. Navy. Their facilities support a wide range of shipbuilding and modernization efforts.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.