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MegadealsSubsidy Tracker Individual Entry
Company: Huntington Ingalls Industries
Parent Company:
Huntington Ingalls Industries
Subsidy Source: state
Location: Louisiana
City: Avondale
Project Description: retention of a shipbuilding facility
Year: 2011
Major Industry of Parent: aerospace and military contracting
Specific Industry of Parent: aerospace & military contracting
Subsidy Value: $214,000,000
Program Name: multiple
Awarding Agency: Louisiana Economic Development
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 3,850
Source of Data: The value and the breakdown of the subsidy package and the job requirements are taken from an October 18, 2011 press release issue by Gov. Bobby Jindal; available online at:
(click here)
Notes: The state committed $214 million performance-based subsidy package over 10 years for the Avondale shipyard. The package included job-creation tax credits, job training assistance via Louisiana FastStart, and funds to retool and modernize the facility. The company, a spin-off of Northrop Grumman Corporation, announced that it will close the facility if it does not find an investment partner. Overlap with main Subsidy Tracker data: a $589,811 Industrial Tax Exemption entry for 2011.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.