Tecnico Corporation News

MARAD Awards $20 Million in Shipyard Grants

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Monday awarded $19.6 million in grants aiming to help 31 shipyards modernize, increase productivity, and expand local employment opportunities while competing in the global marketplace.The grants were awarded to shipbuilding and repair yards in 15 states throughout the U.S. as part of MARAD's Small Shipyard Grant Program. Since 2008, the program has awarded $262.5 million to nearly 300 shipyards in 32 states and territories.

New Navy Contracts

Gulf Copper Ship Repair*, Corpus Christi, Texas (N55236-10-D-0001); JCI Metal Products, Inc.*, Lemon Grove, Calif. (N55236-10-D-0002); Marine and Restaurant Fabricators*, San Diego, Calif. (N55236-10-D-0006); Miller Marine, Inc., National City, Calif. (N55236-10-D-0003); Pacific Ship Repair and Fabrication, Inc.*, San Diego, Calif. (N55236-10-D-0004); and Tecnico Corporation*, Chesapeake, Va. (N55236-10-D-0005), are each being awarded an firm-fixed-price  multiple award five-year term contract. The total maximum ceiling amount value for all six contracts combined is $202,000,000. Contract will provide for sheet metal repair and fabrication services onboard Navy ships and other government vessels within a 50-mile radius of San Diego, Calif.