Coast Guard Awards Deepwater Contract Under New Management

Thursday, July 26, 2007
According to reports, the Coast Guard has awarded the first contract under its new management structure for the Deepwater program. The Coast Guard said in June that it would assume overall management duties for the troubled project, which includes a wide range of ships, aircraft and other systems. Lockheed Martin Corp. (LMT) and Northrop Grumman Corp. (NOC), the program's prime contractors through their Integrated Coast Guard Systems joint venture, were stripped of their lead systems integrator role.

But the two contractors remain on deck to continue program work, through an extension of their umbrella contract. Now the Northrop-Lockheed team has finalized details on a $53m contract for a range of systems engineering and design work. The new contract is the first task order under the new long-term Integrated Coast Guard Systems contract. The 43-month deal was signed in June, but at the time there were no details on what kind of money might accompany the new agreement. Source: Dow Jones

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

Coast Guard

Panama-Registered Ship Sinks off Vigan City

A Panamanian cargo vessel MV Fortune Life sank off the coast 130 nautical off Vigan City in Ilocos Sur, Philippine Coast Guard (PCG), uthorities said.   The

Polish Cargo Ship SZAFIR Attacked off Nigeria

Pirates operating off the coast of Nigeria have taken hostage five Polish sailors, including the captain and officers, from the Polish general cargo ship Szafir.

Tote Cargo ship adrift near Haida Gwaii

The MV North Star, a cargo ship that is owned by TOTE Maritime, spent more than half a day adrift Tuesday off the coast of British Columbia, Canada.   The Canadian

Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
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: 0.0663 sec (15 req/sec)