<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, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 47,000 <SECURITIES> 0 <RECEIVABLES> 124,898 <ALLOWANCES> 0 <INVENTORY> 30,909 <CURRENT-ASSETS> 221,456 <PP&E> 298,971 <DEPRECIATION> (143,480) <TOTAL-ASSETS> 392,945 <CURRENT-LIABILITIES> 98,630 <BONDS> 47,701 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,974 <OTHER-SE> 202,059 <TOTAL-LIABILITY-AND-EQUITY> 392,945 <SALES> 195,274 <TOTAL-REVENUES> 195,274 <CGS> 174,871 <TOTAL-COSTS> 174,871 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 626 <INCOME-PRETAX> 12,047 <INCOME-TAX> 4,580 <INCOME-CONTINUING> 7,467 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,467 <EPS-PRIMARY> 0.56 <EPS-DILUTED> 0.56