McDonnell Awarded Modification to Contract

Friday, January 03, 2003
McDonnell Douglas Corp., St. Louis is being awarded an $11,055,420 modification to a previously awarded fixed-priced-incentive contract (N00019-03-C-6528) for T-45 training system integrated logistic support and technical manuals. Work will be performed in St. Louis (80 percent); Warton, Lancashire, England (13 percent); and Filton, Bristol, England (7 percent), and is to be completed in December 2003. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

 
 
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