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C&G Nabs $18m Navy Boat Deal

Maritime Activity Reports, Inc.

June 21, 2007

C&G Boat Works, Inc., Mobile, Ala., is being awarded an $18,260,565 firm-fixed-price contract for design and construction of two YP Class Training Craft, with one lot of spare parts, for the U.S. Naval Academy. The YP Class Training Craft is used to train U.S. Navy midshipmen at the Academy.Work will be performed in Mobile, Ala., and is expected to be completed by November 2010. Contract funds will not expire at the end of the current fiscal year.The contract was competitively procured and advertised via the Internet, with five proposals received.

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