US Navy Awards $25 M Maintenance Contract for USS Forrest Sherman

November 18, 2015

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BAE Systems has received a $25.2 million competitively awarded contract from the U.S. Navy to perform repair, maintenance, and modernization services for the USS Forrest Sherman (DDG 98), an Arleigh Burke-class guided missile destroyer.

The availability of the Forrest Sherman is scheduled to begin in January 2016 and conclude in July 2016. The scope of work under the firm fixed price contract includes drydocking the 509.5-foot-long ship, mechanical and electrical repairs, underwater hull preservation, propulsion system maintenance, and various modernization work. The contract contains options, which, if exercised, could bring its total value to $26.7 million.

BAE Systems is a leading provider of ship repair, maintenance, modernization, conversion, and overhaul for the Navy, other government agencies, and select commercial customers. The company operates seven full-service shipyards in Alabama, California, Florida, Hawaii, and Virginia, and offers a highly skilled, experienced workforce, eight dry docks, and significant pier space and ship support services. The company also has commercial shipbuilding and module fabrication capabilities at its Mobile, Alabama, and Jacksonville, Florida, shipyards.

Source : BAE Systems PLC (LSE: BAES.L)