Amsec Wins Navy Contract

Tuesday, February 17, 2009

Northrop Grumman Corporation (NYSE:NOC) subsidiary Amsec LLC has been awarded a contract by the U.S. Navy for Shipyard, Ship Alteration Installation and Marine/Mechanical Engineering Design Services.

Amsec LLC, a wholly-owned subsidiary of Northrop Grumman Shipbuilding sector, is a full-service provider of engineering, logistics and technical support services to the U.S. Navy and maritime industry.

"This contract is an important win for Amsec LLC and continues 28 years of ship alteration and engineering support with Norfolk Naval Shipyard," said Harris Leonard, vice president of Northrop Grumman Shipbuilding.

Amsec LLC was one of several contractors awarded an indefinite-delivery, indefinite-quantity, cost plus fixed fee contract with provisions for firm fixed pricing. The contract contains a base period with four one-year option periods, which if exercised, brings the cumulative value of the contract to $81m. The company will provide engineering and design support, ship alteration development and waterfront engineering support. Work will be performed in the Hampton Roads, Virginia area and is expected to be completed by January 2010.

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