CONRAD

Conrad Industries Announces Addition to Backlog

Conrad Industries, Inc. announced the award of a $5.6 million contract to build a 95' x 30' x 12'9" Fish Stocking and Assessment Vessel for the U.S. Fish and Wildlife Service of the Department of the Interior. This self- propelled vessel is intended to serve in the Great Lakes. Johnny Conrad, Conrad's President and CEO commented, "The addition of the Fish Stocking and Assessment vessel to our backlog is another example of the diversification of Conrad's product and customer mix. Although this is the first fish stocking and assessment vessel that we have contracted for, the design and construction of this vessel is similar to other projects we have completed in the past. With this addition, our current backlog is approximately $43.0 million."

Conrad Appoints Kitchen to Board of Directors

Thomas M. Kitchen has been appointed to the Board of Directors of Conrad Industries. Kitchen is currently a consultant to businesses and individuals on general business matters and served as president of Avondale Industries from October 1999 until his retirement in January 2002. Kenneth G. “Jerry” Myers, Jr., Conrad’s President and CEO said, “We are extremely pleased to have Tom join our Board. Tom’s shipbuilding experience and financial expertise will be a welcome addition

Conrad Details Impact of Hurricanes

Conrad Industries, Inc. announced the impacts of Hurricanes Katrina and Rita and the award of contracts totaling $9.4 million to build a 99', 4200 HP Z-Drive Tug for South Puerto Rico Towing Corporation and the 16th ST Tug for the U.S. Army. Johnny Conrad, President and CEO stated "In the wake of the devastation on the Gulf Coast caused by Hurricanes Katrina and Rita, our thoughts and prayers go out to the victims ravaged by these disasters. Hurricane Katrina did not

Conrad Expands into Aluminum

Conrad Industries, Inc. is expanding its products and services to include aluminum marine fabrication, repair and conversion for both commercial and government customers. The expansion is part of a $5.5 million investment in one of the company's existing facilities in Amelia, La. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO commented, "We are extremely excited to announce our entrance into the aluminum marine fabrication, repair and conversion business via our subsidiary

Conrad Announce Contract Modification

Conrad Industries, Inc. has entered into a Memorandum of Understanding with the U.S. Army Engineer District, Philadelphia for the issuance of a modification for $4.3m to increase the contract price of the contract entered into in September 2002 to design, construct, test and deliver four towboats. In addition, the agreement provides for time extensions to complete certain aspects of the contract. This agreement was reached to fully

Conrad Wins Contract to Build Aluminum Vessel

Conrad Industries' subsidiary Conrad Aluminum, LLC won a $2.8 million contract to build a 175-ft. aluminum crew/supply vessel for Diamond Services Corporation of Amelia, La. Construction will begin in the company's new facility in Amelia in November with delivery scheduled for October 2004. When delivered, the vessel will immediately service the oilfield in the Gulf of Mexico. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO, said

Conrad Announces 1Q Results

Conrad Industries, Inc. announced its first quarter 2008 results and net new business of $21m, including the signing of contracts for the construction of eight barges and a drydock and cancellation of two barges of a four barge contract previously announced. This brings the current backlog to approximately $102.0 million compared to $96.4 million at March 31, 2008 and $81.7 million at March 31, 2007. For the quarter ended March 31, 2008, Conrad achieved net income of $4

This Day in U.S. Naval History – November 24

1852 - Commodore Matthew Perry sails from Norfolk, VA, to negotiate a treaty with Japan for friendship and commerce. 1964 - USS Princeton (LPH-5) completes 7-days of humanitarian relief to South Vietnam which suffered damage from typhoon and floods. 1969 - HS-4 from USS Hornet (CVS-12) recovers Apollo 12's all-Navy crew of astronauts, Commanders Richard Gordon, Charles Conrad, and Alan Bean, after moon landing by Conrad and Bean.

Conrad Announce Q2 2012 Financial Results & Backlog

Conrad Industries, Inc. headquartered in Morgan City, Louisiana announce favourable second quarter results. Conrad Industries, Inc. designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and government markets. The company provides both repair and new construction services at its four shipyards located in southern Louisiana and Texas.

Conrad Profits Up in Q3 2012

US-based shipyard Conrad Industries Inc. announce third quarter and 9 months ended 30, Sept. 2012 financial results and backlog. For the quarter ended September 30, 2012, Conrad had net income of $4.4 million and earnings per diluted share of $0.74 compared to net income of $3.5 million and earnings per diluted share of $0.54 during the third quarter of 2011. The Company had net income of $12.9 million and earnings per diluted share of $2