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Marinette Marine Wins Navy Deal

Maritime Activity Reports, Inc.

May 11, 2006

Marinette Marine Corp., Marinette, Wis., is being awarded $125,968,000 to exercise an option under a previously awarded firm-fixed-price contract (N00025-03-C-0002) for the manufacture of the improved Navy lighterage system to be delivered at Naval Amphibious Construction Battalion One, Coronado, Calif. and Naval Amphibious Construction Battalion Two, Little Creek, Norfolk, Va., Expeditionary Warfare Training Group Pacific and Blount Island Command, Jacksonville, Fla. The work to be performed consists of manufacturing 300 powered and non-powered modules. Contractor-approved detailed design drawings will be utilized for full rate production. After exercise of this option, the total cumulative contract amount will be $170,379,551. This contract contains two additional 1-year option periods, which if exercised, will bring the total contract value to $314,078,157. Work will be performed in Marinette, Wis., and the expected completion date is December 2007. The entire period of performance if all options are exercised will be through October 2009. Contract funds will not expire at the end of the current fiscal year. The basic contract was competitively procured via the NAVFAC e-solicitation website with six proposals received and award made on Aug. 12, 2003. The Naval Facilities Engineering Command Headquarters, Washington, D.C., is the contracting activity.

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