VT Halter Secures Navy Contract

Wednesday, November 22, 2006
VT Halter Marine announced a contract modification worth $165m by the US Navy for the Egyptian Navy’s Fast Missile Craft (FMC) project. This modification enables VT Halter Marine, as the prime contractor, to procure long lead time materials which include items, equipment and or components that need to be developed in advance of the required delivery dates due to their complex nature. VT Halter Marine secured the Phase I functional design contract for $28.8m on 30 November 2005. This contract modification was issued as a letter contract with a not-to-exceed price of $165m, which brings the total amount awarded on this program to approximately $194m. The program value could grow to more than $450m after Phase II is added to the contract. The Fast Missile Craft is designed to perform coastal patrol, surveillance, interdiction, surface strike, and naval battle group support for the 21st century. These vessels will allow the Republic of Egypt to maintain the security of its coastal regions for both itself and friendly countries, while denying access to the areas by any future adversaries. The vessels will be approximately 62 meters in length and will incorporate ship signature control technology. High speed and maneuverability are two of the ship’s primary assets to fulfill these roles. The vessels will also incorporate numerous combat system assets and electronic sensors that give them capabilities in anti-aircraft, anti-surface, and electronic warfare.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

NYK Line Joins PNW West Coast Metro Pool

Effective October 20, 2014, NYK Line has become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. The WCMP operates chassis at all major marine terminals,

ISS Manages Heavy-lift Project at Port of Mombasa

Inchcape Shipping Services (ISS) announced it has completed another complex heavy-lift project in Africa, this time at the Port of Mombasa in Kenya. ISS was

New Gate Transits the Panama Canal

The first gate for the new locks in the Pacific side began transit Wednesday morning through the Panama Canal, signaling another historic milestone in the progress of the Expansion Program.

Navy

Video: USCG Medevacs Navy Sailor off Virginia

The U.S. Coast Guard (USCG) medevaced a man Wednesday from a Navy vessel off the Virginia coast after watchstanders at Coast Guard Sector Hampton Roads in Portsmouth

WWII Wrecks Found 30 Miles off US Coast

The wreck of a World War Two German U-boat and a freighter that sank 72 years ago have been discovered off the North Carolina coast by U.S. researchers, officials said.

US Navy Christens Future USS Detroit

The U.S. Navy christened the future USS Detroit (LCS 7), the fourth Littoral Combat Ship of the Freedom variant, in a ceremony at Marinette Marine Shipyard in Marinette, Wisconsin, Oct.

 
 
Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1108 sec (9 req/sec)