# Navy Awards $5.1B Truman Overhaul in Virginia

The U.S. Navy awarded HII’s Newport News Shipbuilding a **$5.1 billion fixed-ceiling incentive contract** for the USS Harry S. Truman’s refueling and complex overhaul (RCOH) in Newport News, Virginia. Work began in September 2026 and includes reactor refueling, maintenance, and ship modernization; redelivery is scheduled for November 2031, and options could bring the total to nearly $5.2 billion. The prime award is in place, but the multi-year shipyard effort may create follow-on supply-chain opportunities for companies supporting propulsion, combat systems, and other modernization work.

- The incentive structure emphasizes schedule performance and risk sharing, factors suppliers should account for when planning capacity and delivery commitments.
- The Navy has already awarded the prime contract; potential business for other firms is in supporting HII and the shipyard rather than bidding on this prime award.
- Companies with relevant ship repair, propulsion, combat-system, or component capabilities can assess their fit for the RCOH supply chain. No solicitation deadline or procurement contact is provided in the signals.

**Jurisdictions:** federal
**Industries:** Defense & Military
**Topics:** Physical Infrastructure
**Published:** October 01, 2026

### Government Entities
- U.S. Navy (USN)
- Portfolio Acquisition Executive Maritime (PAE Maritime)
- U.S. Department of Defense (DoD)

### Vendors
- HII (Huntington Ingalls Industries) (Prime contractor and awardee)
- Newport News Shipbuilding (HII division performing the overhaul)

### Key Quotes
> This award is the latest example of how we are leveraging innovative contracting approaches to drive improved outcomes.
> — Rear Admiral Casey Moton, Acting Portfolio Acquisition Executive Maritime

> 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.
> — Bryan Caccavale, vice president of program management at Newport News Shipbuilding

### Sources
- [Aircraft carrier USS Harry S. Truman to undergo $5.1B mid-life overhaul](https://www.defensenews.com/industry/techwatch/2026/09/30/aircraft-carrier-uss-harry-s-truman-to-undergo-51b-mid-life-overhaul) - defensenews.com
- [Navy Takes Partial Acceptance of CVN-79 Carrier, HII Nabs CVN-75 Midlife Overhaul Contract - Defense Daily](https://www.defensedaily.com/navy-takes-partial-acceptance-of-cvn-79-carrier-hii-nabs-cvn-75-midlife-overhaul-contract/navy-usmc) - Defense Daily
- [
	USS Harry S. Truman (CVN 75) to Undergo Midlife Refueling and Complex Overhaul > United States Navy > display-pressreleases
](https://www.navy.mil/Press-Office/Press-Releases/display-pressreleases/Article/4614977/uss-harry-s-truman-cvn-75-to-undergo-midlife-refueling-and-complex-overhaul/) - NAVY