SAIC Wins Navy Contract Worth $459M

Tuesday, September 25, 2007
A subsidiary of SAIC, an engineering and technical services provider for the military, received a Navy contract worth more than $459 million over 10 years, if all options are exercised, to supply command and communication systems. The contract is a cost-plus-fee type, meaning the company is guaranteed to recover all of its costs plus a fixed profit built on top of the deal. It has one base year and nine option years.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Australian PM Promises 2500 Shipbuilding Jobs

Up to 2,500 shipbuilding jobs in Adelaide will be safe for "all time", the Prime Minister says, ahead of the expected announcement to build a new fleet of Navy ships worth $39 billion, reports ABC.

Cochin Shipyard Delivers 17th FPV for Indian Coast Guard

Cochin Shipyard launched the seventeenth in a series of tweny Fast Patrol Vessels (BY 517) being built for Indian Coast Guard, the shipbuilding company said in a press release.

GE Gas Turbines to Power US Navy’s New Destroyers

The U.S. Navy’s new DDG 121 and DDG 122 Arleigh Burke-class destroyers will be powered by eight LM2500 marine gas turbines supplied by GE Marine, who also received

Finance

DP World Sings Melbourne Port Lease Deal

DP World and the Port of Melbourne Corporation have reached an agreement on a new 50-year lease, ending months of negotiation over rental increases at Australia’s biggest port.

Egypt Says Finishes Work on New Suez Canal

Egypt has finished building its New Suez Canal, its overseer said on Wednesday, a project President Abdel Fattah al-Sisi sees as a symbol of national pride and

Harper Government Invests in Naufrage Harbor

The Honorable Gail Shea, Minister of Fisheries and Oceans, announced today an investment to improve safety and working conditions for fishermen at Naufrage Harbor, Prince Edward Island.

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics 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: 0.1030 sec (10 req/sec)