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Horizon To Construct Upgraded ISTT

Maritime Activity Reports, Inc.

October 21, 1999

Horizon Shipbuilding was awarded a contract to construct a series of 30 ft. (9 m) fiberglass Improved Surface Tow Targets (ISTT) for the U.S. Naval Air Warfare Center, Weapons Division in Point Mugu, Calif. According to Horizon's president, Travis R. Short, the total contract calls for the delivery of more than 30 units throughout the next two years to be built at the company's facility in Bayou La Batre, La.

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