SAN DIEGO, March 7, 2002 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that its Newport News sector has been awarded a multi-year, multiship contract by the U.S. Navy for nonpropulsion work on Nimitz-class aircraft carriers in San Diego through 2007. The contract is valued at approximately $150 million.
Newport News will lead a team of San Diego-based contractors for the production work under contract. The team consists of National Steel and Shipbuilding Co., Pacific Ship Repair and Fabrication Inc., SouthWest Marine Inc., and Continental Maritime.
The first authorized task involves planning for the upcoming Planned Incremental Availability on the USS John C. Stennis (CVN 74) at the North Island Naval Air Station in the fall of 2002. This contract is a follow-on to a previous contract for maintenance and modernization of Stennis in San Diego.
The Stennis and the USS Nimitz (CVN 68) are currently home-ported in San Diego and the Navy has announced that the Ronald Reagan (CVN 76), currently under construction at Northrop Grumman Newport News, will also be based in San Diego after delivery.
"Our ability to integrate private sector topside work with public sector nuclear propulsion work is indicative of the company's successful efforts to support the Navy's carrier fleet around the world," said Irwin F. Edenzon, Northrop Grumman Newport News vice president, Business and Technology Development.
"We have been an effective partner to Puget Sound Naval Shipyard, which accomplishes all CVN propulsion work in San Diego, and we look forward to continuing to work with our team of local San Diego contractors," said Ben Robison, director, In-Service Carrier Programs for Northrop Grumman Newport News.
Northrop Grumman Newport News, headquartered in Newport News, Va., is the nation's sole designer, builder and refueler of nuclear-powered aircraft carriers and one of only two companies capable of designing and building nuclear powered submarines. Newport News also provides after-market services for a wide array of naval and commercial vessels, and has the capability to design, build and maintain every class of ship in the U.S. Navy's fleet. The Newport News sector employs about 17,800 people.
Northrop Grumman Corporation is an $18 billion, global defense company with its worldwide headquarters in Los Angeles. Northrop Grumman provides technologically advanced, innovative products, services and solutions in defense and commercial electronics, systems integration, information technology and nuclear and non-nuclear shipbuilding and systems. With nearly 100,000 employees and operations in 44 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.
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