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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

Gender Identity Spat Sinks Spending Bill

The rancorous political debate over sexual identity unexpectedly prompted the Republican-controlled House of Representatives to rejected an energy and water spending

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

Navy

Phoenix Express 2016 Concludes

Maritime forces from North Africa, Europe, and the United States concluded exercise Phoenix Express 2016 with closing ceremonies in Souda Bay, Greece May 27. Phoenix Express,

US Hospital Ship Aids South Korean Sailor

A U.S. hospital ship conducted a medical evacuation, or “medevac”, May 27 to assist an ailing Republic of Korea sailor aboard a Republic of Korea Navy (ROK-N) submarine.

MAN 28/33D STC Engines for Thai Navy’s New OPV

The Royal Thai Navy has ordered a new 90-m offshore patrol vessel (OPV) to be constructed at Mahidol Adulyadej naval dockyard in Sattahip.  The newbuilding, an improved River-class design,

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Port Authority Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.0752 sec (13 req/sec)