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US Navy awards $62 million advance procurement contract22 Oct 2010Source Marketwatch The U.S. Navy has awarded a $62 million cost plus fixed-fee advance procurement contract modification to Northrop Grumman Corporation. The funds will be used to purchase long lead time materials and major equipment in support of the new amphibious transport dock ship of the USS San Antonio class. These include main engines and diesel generators and other equipment including electrical switchboards, deck equipment and fire extinguishing systems. The work will be performed at the company's Gulf Coast facilities. "Northrop Grumman Shipbuilders remain committed to this very important shipbuilding platform for the U.S. Navy," said Tim Farrell, vice president and program manager of the LPD program for Northrop Grumman Shipbuilding--Gulf Coast. "This procurement contract enables us to focus on effective and efficient supply chain management and move forward with the advanced purchase materials and equipment that will help us meet our schedule commitments with our Navy customer." Read more here |
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