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TPI Tapped to Build Sail Training Craft

Maritime Activity Reports, Inc.

July 26, 2004

TPI Composites, Inc., Warren R.I., is being awarded a $6,783,216 firm-fixed-price contract, for construction of 16 United States Naval Academy 44 foot sail training craft (STC) used for professional development and training for midshipmen. The STCs will be constructed of fiberglass reinforced plastic. Work will be performed in Warren, R.I., and is expected to be completed by April 2008. Contract funds will not expire at the end of the current fiscal year. The contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting (N00024-04-C-2224).

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