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Electric Boat Awarded Contract

Maritime Activity Reports, Inc.

October 12, 2006

Electric Boat Corp., Groton, Conn., is being awarded an $18.7m cost-plus-fixed-fee, level of effort contract for reactor plant planning yard services for nuclear-powered submarines and support yard services for Navy moored training ships. The contractor will furnish, fabricate, or acquire such materials, supplies and services as may be necessary to perform the functions of the planning yard for reactor plants and associated portions of the propulsion plants for nuclear powered submarines. Work will be performed in Groton, Conn. (95 percent) and Charleston, S.C. (5 percent), and is expected to be completed by September 2007. Contract funds in the amount of $18,733,261, will expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

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