<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AVONDALE INDUSTRIES, INC.'S QUARTERLY REPORT FILED ON FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 64,366 <SECURITIES> 0 <RECEIVABLES> 75,227 <ALLOWANCES> 0 <INVENTORY> 14,339 <CURRENT-ASSETS> 177,888 <PP&E> 254,762 <DEPRECIATION> (124,130) <TOTAL-ASSETS> 321,418 <CURRENT-LIABILITIES> 94,895 <BONDS> 58,205 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,927 <OTHER-SE> 139,867 <TOTAL-LIABILITY-AND-EQUITY> 321,418 <SALES> 156,496 <TOTAL-REVENUES> 156,496 <CGS> 139,210 <TOTAL-COSTS> 139,210 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,386 <INCOME-PRETAX> 7,436 <INCOME-TAX> 2,700 <INCOME-CONTINUING> 4,736 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,736 <EPS-PRIMARY> 0.33 <EPS-DILUTED> 0.33