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TOP NEWS: BAE Systems Awarded USD47.8 Million Contract From US Navy

[ 03 Jan 2018 18:05 ]

LONDON (Alliance News) - BAE Systems PLC on Wednesday said it has been awarded a USD47.8 million contract from the US navy to modernise the USS Howard, a guided missile destroyer.

The Howard will undergo 15 months of extensive work at the company's shipyard in San Diego, California, the ship's home port. The depot maintenance period availability contract includes options that, if exercised, would bring the cumulative value of the contract to USD66.5 million.

BAE Systems will perform hull, mechanical, and electrical repairs, and upgrade the combat systems suite aboard the 509 foot long Howard. The work is expected to begin in February and be completed in May 2019.

"We look forward to conducting the first-ever West Coast destroyer depot maintenance period availability on the Howard," said David Thomas, vice president and general manager of BAE Systems San Diego Ship Repair.

"The extensive work to be done on board aligns perfectly with the experience and capabilities of our employees and subcontractors," Thomas added.

Shares in the defence firm closed down 0.3% at 573.8183 pence on Wednesday.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.


TOP NEWS: BAE Systems Awarded USD47.8 Million Contract From US Navy - Alliance News

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