BAE Norfolk wins $29.4 million CG64 award

USS Gettysburg (CG64) USS Gettysburg (CG64) US Navy photograph

MAY 6, 2016 — BAE Systems has received a $29.4 million competitively awarded contract from the U.S. Navy to maintain the USS Gettysburg (CG 64), a Ticonderoga-class guided missile cruiser.

The contract includes options that if exercised would raise the total value to $31.8 million.

The special selected restricted availability of the Gettysburg will begin in June and be completed in December. BAE Systems' Norfolk, Virginia shipyard will perform the repair, maintenance, and modernization work aboard the 567-foot-long ship.

The Gettysburg is equipped with the Aegis Combat System, which provides air defense for aircraft carrier battle groups. The ship was commissioned in 1991.

"We have a very successful history of working on the Navy's fleet of Aegis cruisers," said Dave Thomas, vice president and general manager of BAE Systems' Norfolk shipyard. "This maintenance availability will prepare the Gettysburg for more extensive modernization later."

Want more? Subscribe now!

News from NASDAQ