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NORSHIPCO Gets $5.7M for Conversion

Maritime Activity Reports, Inc.

June 20, 2002

Norfolk Shipbuilding & Drydocking Corp. (NORSHIPCO), Norfolk, Va., is being awarded a $5,720,897 firm-fixed-price contract for the conversion of fast combat support ship USNS Arctic. USNS Arctic was transferred from U.S. Navy's combatant fleet to the Military Sealift Command fleet. A major portion of the work to be performed under this contract includes habitability modifications to support operation of the ship by civilian mariners as well as repairs and modifications to other ship systems. This contract contains options, which if exercised, will bring the total cumulative value of this contract to $6,750,897. Work will be performed in Norfolk and is expected to be completed in January 2002. Contract funds will expire at the end of the current fiscal year. This contract was competitively procured with nine proposals solicited and four offers received. The U.S. Navy's Military Sealift Command Atlantic, Norfolk is the contracting activity (N62381-02-C-2027).

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