<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AVONDALE INDUSTRIES, INC.'S ANNUAL REPORT FILED ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 48,944 <SECURITIES> 0 <RECEIVABLES> 119,139 <ALLOWANCES> 0 <INVENTORY> 21,785 <CURRENT-ASSETS> 222,490 <PP&E> 254,611 <DEPRECIATION> (127,009) <TOTAL-ASSETS> 362,872 <CURRENT-LIABILITIES> 103,015 <BONDS> 54,866 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,927 <OTHER-SE> 165,926 <TOTAL-LIABILITY-AND-EQUITY> 362,872 <SALES> 624,929 <TOTAL-REVENUES> 624,929 <CGS> 543,102 <TOTAL-COSTS> 543,102 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,986 <INCOME-PRETAX> 34,495 <INCOME-TAX> 3,700 <INCOME-CONTINUING> 30,795 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 30,795 <EPS-PRIMARY> 2.13 <EPS-DILUTED> 2.13