Navy Awards Northrop Grumman $402M Funding for DDG 105

Thursday, January 02, 2003
U.S. Navy will provide Northrop Grumman funding of more than $401.5 million for DDG 105, the second of four DDG 51-class Aegis-guided missile destroyers awarded to the company's Ship Systems sector. The original contract for $1.9 billion was received in September 2002. Funding for DDG 105 is part of a multi-year procurement plan under which the Navy is awarding multiple ships under a single contract. DDG 105 is Northrop Grumman Ship Systems' 26th contracted Aegis destroyer.

"This funding for DDG 105 continues to demonstrate the Navy's confidence in the quality and professionalism Northrop Grumman Corporation has consistently delivered through the history of the Aegis destroyer program," said Dr. Philip A. Dur, Northrop Grumman corporate vice president and president of the company's Ship Systems sector.

"This program has been at the core of our operations for 25 years and we, as a company, are delighted to see it continue." Construction of DDG 105 is scheduled for completion in 2008.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Det Norske to Restore Production at Alvheim after Leak

Norwegian oil firm Det norske said it expected to reach full production at its Alvheim FPSO (floating storage, offloading and producing unit) overnight after a leak,

This Day In Naval History: July 28

1861 - During the Civil War, the frigate, USS St. Lawrence, spots a schooner flying English colors and gave chase. Some four hours later, as she is overhauling the schooner,

SNMCMG2 Completes Third Black Sea Deployment

Standing NATO Mine Countermeasures Group 2 (SNMCMG2) has completed its third deployment into the Black Sea under the command of Captain Ramazan Kesgin, Turkish Navy.

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0695 sec (14 req/sec)