Northrup Grumman Awarded $374m Contract

Sunday, January 18, 2009

Northrop Grumman Corporation (NYSE:NOC) received a $374m cost type contract award for construction preparation of the nuclear-powered aircraft carrier CVN 79. The carrier, which has yet to be been named, is the second ship of the Gerald R. Ford class.

The company's Shipbuilding sector will perform the work in Newport News, Va., which includes design efforts, planning and the procurement of long lead-time material such as propulsion machinery. The 21-month contract also provides for continued research and development efforts with key suppliers. Approximately 300 people will be supporting this project by the end of its first year.

"Being awarded the contract for CVN 79 while we are in the early stages of construction on the first ship of the class is beneficial to both the Navy and our shipbuilders," said Mike Shawcross, vice president for Northrop Grumman Shipbuilding's Gerald R. Ford-class program. "We have an experienced team who has been working on the lead ship's construction preparation contract since 2004 and began full construction last year. We will be able to take their experience and lessons learned and efficiently apply them to the CVN 79."

The Gerald R. Ford (CVN 78) class will continue the legacy of U.S. Navy aircraft carrier ship platforms. Enhancements being incorporated into the design include flight deck changes, improved weapons handling systems, and a redesigned island, all resulting in increased aircraft sortie rates. It will also include a new nuclear power plant; increased electrical power generation capacity; allowance for future technologies; and reduced workload for the sailors, translating to a smaller crew and lower operating costs for the Navy.

The full scale construction contract for CVN 79 is expected to begin in 2012.

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

Fjords Processing Bags Johan Sverdrup Contracts

Fjords Processing, headquartered in Norway (Fornebu), has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea.

Ocean Safety, Richard Irvin Marine Safety Merger

Ocean Safety has today announced the merger with Richard Irvin Energy Solutions Marine Safety Division and their Aberdeen branch.   This merger follows the

Shipbuilding

MSC Geneva Gets Fatter

A revolutionary new option to scrapping for younger panamax containerships deemed too small for a tradelane involves widening the vessel rather than adding length.

Grimaldi Orders Three PCTCs

After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction

NITC Claims World's Largest Supertanker Fleet

According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction 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: 0.2023 sec (5 req/sec)