NASSCO Books $30M Deal

Friday, August 08, 2003
National Steel and Shipbuilding Company (NASSCO), a wholly owned subsidiary of General Dynamics, received a contract from the U.S. Navy for the continuous maintenance, repair, and alterations of the five FFG-7 Oliver Hazard Perry class frigates homeported in San Diego. The contract, including the initial year and four one-year options, has an approximate value of $30 million. Advance planning activities will start immediately to support the first repair and maintenance availability for the USS Curts (FFG-38) in September 2003. If all the options are exercised, 11 ship maintenance availabilities including four drydockings will be performed over the next five years. "With this FFG-7 class frigate contract, depot level maintenance and repairs on all Navy surface ships in San Diego are now conducted under multi-ship, multi-year contracts with the major ship repair companies," said Richard Vortmann, president of NASSCO. "These long-term contracts have proven to be a win-win for the Navy and the ships' crews as well as for private industry. For the Navy, ship maintenance and maintenance planning can be performed on a continuous basis, and the lessons learned from one maintenance availability or ship alteration are applied to the next. This saves the Navy both time and money and improves fleet readiness and response. For industry, we can plan our production work and order material in a timely manner. We also establish long-term relationships with the vital subcontractors in the area who perform much of the work in their own areas of expertise and specialization," he added. In addition to the FFG-7 contract, NASSCO (www.nassco.com) has long-term maintenance contracts on all the LHA and LHD, CG-47 and DD-963 class ships homeported in San Diego. NASSCO is both a new construction and repair shipyard and is now building the second of two roll-on/roll-off trailerships and four double-hulled crude oil tankers for service to and from Alaska. In September, NASSCO will begin construction on the first of 12 new T-AKE dry cargo/ammunition ships for the U.S. Navy. The company employs approximately 3,500 people at its San Diego facility.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

China Breaks Ground on South China Sea Lighthouse Project

China hosted a groundbreaking ceremony for the building of two lighthouses in the disputed South China Sea, state media said on Tuesday, a move that is likely to

Taiwan Offers South China Sea Peace Plan

Taiwan proposed a peace initiative on Tuesday to resolve territorial disputes in the South China Sea that it says will reduce tensions that have put Beijing at

EIVA Welcomes New Global Director

The Danish offshore survey solution specialist EIVA a/s has appointed a new global sales director, Jakob Møller Nielsen. He comes from a similar position at SPX Flow Technology,

Navy

Taiwan Offers South China Sea Peace Plan

Taiwan proposed a peace initiative on Tuesday to resolve territorial disputes in the South China Sea that it says will reduce tensions that have put Beijing at

Singapore and China Conclude Naval Drill

The Republic of Singapore Navy (RSN) and the People's Liberation Army (Navy) (PLAN) concluded the inaugural Exercise Maritime Cooperation, a new bilateral naval exercise series on Tuesday (May 26).

Japan, Malaysia to Beef up Maritime Cooperation

Japanese Prime Minister Shinzo Abe and his Malaysian counterpart Najib Razak pledged to advance defense and maritime cooperation.   It is the first time that

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Salvage Ship Electronics Ship Simulators Sonar 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: 0.2581 sec (4 req/sec)