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$23.7m for Drydock Modernization

Maritime Activity Reports, Inc.

June 4, 2007

W. F. Magann Corp., Portsmouth, Va., is being awarded a $23,789,519 firm-fixed-price contract for dry dock modernization at the Norfolk Naval Shipyard.

The work to be performed provides for an extension to Dry Dock #8 to service the new CVN Class hull with the bulbous bow.

Demolition of existing structures and utilities will be required to support the project as well as providing utility trenches, mechanical and electrical work and other incidental related work.

Work will be performed in Portsmouth, Va., and is expected to be completed by July 2010.Contract funds will not expire at the end of the current fiscal year.

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