BIW Awarded $115.8M Contract

Wednesday, August 09, 2006
Bath Iron Works Inc. (BIW) is being awarded a $115.8m cost-plus-award-fee/cost-plus-fixed-fee contract for DDG 1000 Zumwalt Class Destroyer detailed design, and procurement of vendor furnished information (VFI) in support of the detailed design. The mission of the DDG 1000 Zumwalt Class of Destroyers is to provide independent forward presence/deterrence and to operate as an integral part of the naval, joint, or combined maritime forces. DDG 1000 will provide advanced land attack capability in support of the ground campaign and contribute naval, joint, or combined battle-space dominance in littoral operations. The total value of the detail design effort is $336m with $78.5m funded at contract award for advanced zone detail design. The remaining detail design efforts are included in a priced option valued at approximately $258m. Also at contract award, BIW will be awarded a not-to-exceed (NTE) line item for procurement of VFI valued at approximately $37m. The maximum amount for which the government is liable under the NTE prior to definitization is $18.6m (total funding at contract award). Work will be performed in Bath, Maine and is expected to be completed by December 2008. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington D.C., is the contracting activity.

Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

Maritime Security

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and

White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation

Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.

Australia Warns DCNS after Security Breach

Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines,

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators
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: 0.0717 sec (14 req/sec)