Northrop Grumman Awarded Order

Friday, January 03, 2003
Northrop Grumman, Corp., Bethpage, N.Y., is being awarded a $5,958,119 order against a previously awarded basic ordering agreement (N00019-00-G-0280), for E-2T training for the Government of Taiwan under the Foreign Military Sales Program. Work will be performed in Bethpage, N.Y. (90 percent) and St. Augustine, Fla. (10 percent), and is to be completed in June 2005. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.

Contracts

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

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

 
 
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