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Vericor Awarded $20.5m Navy Contract

Maritime Activity Reports, Inc.

August 28, 2008

Vericor Power Systems, LLC, Alpharetta, Ga., is being awarded a $20.5m firm-fixed-price contract for the manufacture, testing and delivery of 16 ETF40B marine gas turbine engines for the fiscal year 2008 (FY 2008) Landing Craft Air Cushion (LCAC) Service Life Extension Program (SLEP) requirements. This contract includes options which, if exercised, would bring the cumulative value of this contract to $57,779,224. Work will be performed in Winnipeg, Manitoba, Canada, and is expected to be completed by Oct. 2009. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured. The solicitation was posted on the Federal Business Opportunities website. The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity (N00024-08-C-4117).

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