<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AVONDALE
INDUSTRIES, INC.'S CONSOLIDATED BALANCE SHEET AT DECEMBER 31, 1994 AND ITS
CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR THEN ENDED AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                          15,414
<SECURITIES>                                         0
<RECEIVABLES>                                   84,510
<ALLOWANCES>                                         0
<INVENTORY>                                     16,109
<CURRENT-ASSETS>                               127,936
<PP&E>                                         231,997
<DEPRECIATION>                               (112,836)
<TOTAL-ASSETS>                                 273,503
<CURRENT-LIABILITIES>                           93,100
<BONDS>                                         42,875
<COMMON>                                        15,927
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     106,951
<TOTAL-LIABILITY-AND-EQUITY>                   273,503
<SALES>                                        475,810
<TOTAL-REVENUES>                               475,810
<CGS>                                          428,325
<TOTAL-COSTS>                                  428,325
<OTHER-EXPENSES>                                30,536
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               4,385
<INCOME-PRETAX>                                 13,375
<INCOME-TAX>                                       300
<INCOME-CONTINUING>                             13,075
<DISCONTINUED>                                 (4,552)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,523
<EPS-PRIMARY>                                      .59
<EPS-DILUTED>                                      .59