NEWPORT NEWS, Va., April 1, 2002 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has been awarded a planning contract from the U.S. Navy valued at approximately $42 million that will facilitate continued preparations for the overhaul and refueling of the nuclear-powered aircraft carrier USS Carl Vinson (CVN 70) scheduled for 2004.
A photo accompanying this release is available at: http://media.wieck.com/public.html?WIK2002040145371
This contract is the first modification to one originally awarded in May 2001, bringing the total contract value to date to approximately $52 million. Northrop Grumman's Newport News sector is the prime contractor for this award.
Work to be performed under the contract includes advance planning, design, documentation, engineering, material procurement, shipboard inspections, fabrication and preliminary shipyard or support facility work. This will be the ship's first and only refueling during a service life expected to span approximately 50 years.
Named for former U.S. Congressman Carl Vinson, the carrier Vinson was built at Northrop Grumman Newport News and christened in 1980. The former congressman attended the christening ceremony at age 96 and became the first living American to have a Navy ship named in his honor. The ship was commissioned by the U.S. Navy in 1982, and was most recently deployed to the North Arabian Sea in support of Operation Enduring Freedom.
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 18,000 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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