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Coltec Receives $12 Million Engine Order

Maritime Activity Reports, Inc.

September 2, 1999

Coltec Industries has received an order of more than $12 million for four engines to be used on the second ship in the U.S. Navy's Landing Platform Dock (LPD) program. Coltec also has options valued at more than $110 million for additional propulsion engines scheduled to be built through 2006, pending approval of funding to build additional ships. The four Colt-Pielstick PC2.5 diesel engines being built at Coltec's Fairbanks Morse Engine Division, each capable of generating 10,400 hp, are scheduled for delivery to Avondale Industries in 2000.

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