AMSC Gets $13.3M Amendment from ONR

Thursday, April 27, 2006
American Superconductor Corporation (NASDAQ:AMSC) has finalized an additional contract amendment with the United States Navy's Office of Naval Research (ONR). Under the terms of the amendment, the ONR has approved a $13.3 million increase to AMSC's contract for the design, manufacture and shipment of a factory-tested 36.5-megawatt (MW) (49,000 horsepower) high temperature superconductor (HTS) propulsion motor for electric warships. The amendment adds $13.3 million to AMSC's backlog, all of which is expected to be recognized as revenue by the end of calendar 2006. AMSC expects to deliver the 36.5-MW motor to the Navy test facility in Philadelphia in September 2006. The company also stated that the contract for the motor has now been converted from a cost-plus-fee contract to a firm-fixed-price contract. As prime contractor, AMSC leads the design, manufacture and initial testing of the prototype 36.5-MW HTS electric ship propulsion motor. The motor, which is sized for the Navy's future DD(X) ships, benefits from the successes achieved by AMSC in a recently completed ONR 5-MW HTS motor development and test program. AMSC and Northrop Grumman have successfully completed the first two phases of the three-phase development process for the 36.5-MW motor, including successful preliminary design and detailed design reviews.

HTS motors are ultra-compact, measuring as little as one-third the weight and one-half the size of copper-based motors of the same power and torque rating. This means Navy ships could carry more fuel and munitions, and have more room for crew's quarters and weapons systems. Commercial ship owners and operators, meanwhile, could carry more passengers and cargo. In addition, HTS motors operate with higher fuel efficiency and are expected to have lower maintenance costs than their conventional copper counterparts. The substantial advantages offered by HTS ship propulsion motors are expected to be provided at a production cost that is equivalent to conventional motors of the same power and torque rating. Key AMSC team members include Northrop Grumman Marine Systems and Northrop Grumman Ship Systems.

Maritime Today

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

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities.

Rolls-Royce to Exhibit Power Offerings at WorkBoat

Rolls-Royce will showcase its latest marine power innovations, including several MTU commercial marine products and systems, at the International Workboat Show 2015, December 1-3 in New Orleans.

Royston Appoints New US Distributor

Diesel power engineering specialist Royston has appoint a new U.S.-based distributor, citing growing interest in its advanced Enginei marine fuel management and monitoring systems.

Maritime Security

Henriksen Unveils Strongest SOLAS Boat Lifting Hook

H Henriksen of Norway has received SOLAS certification for a new off-load single-point boat lifting hook capable of holding up to 22.5-tonnes. The quick release

Evoqua, Drew Marine Ink BWMS Deal

Evoqua Water Technologies and maritime solutions and logistics expert, Drew Marine, have announced a partnership to provide a full compliance package for ballast water management.

U.S. Ups Philippines Aid as South China Sea Turmoil Builds

The United States has raised its military aid to the Philippines this year to $79 million, the U.S. ambassador said on Wednesday, as tension rises in the region

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Ship Electronics Ship Repair 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: 0.0683 sec (15 req/sec)