BIW awarded $66.1 million Navy contract for DDG 51, FFG 7 work

USS Arleigh Burke DDG-51 approachJUNE 18, 2012 — General Dynamics Bath Iron Works, Bath, Maine, is being awarded a not-to-exceed $66,123,900 cost-plus-award-fee contract for DDG 51 and FFG 7 class integrated planning shipyard services. Services being done will provide expert design, planning, and material support services for both maintenance and modernization. This contract includes options ,which, if exercised, would bring the cumulative value of this contract to $371,662,273. Work will be performed in Bath, Maine, and is expected to be completed by December 2016. Contract funds in the amount of $1,000 will be obligated at time of contract award and will expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-12-C-4311).

Want more? Subscribe now!

News from NASDAQ