NGC Wins US Navy Submarine Maintenance Contract
(Virginia Beach, Va., December 21, 2009) -- Northrop Grumman Corporation (NYSE:NOC) subsidiary AMSEC LLC has been awarded a contract by the U.S. Navy for maintenance, repair and modernization of submarines home-ported or transient through Pearl Harbor, Hawaii.AMSEC LLC was one of six contractors awarded a five-year indefinite-delivery, indefinite-quantity contract that has a combined value of $140.4 million to all contractors involved.
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"AMSEC is proud to support Pearl Harbor Naval Shipyard (PHNSY) by playing a major role in maintaining the readiness of submarines in the Pacific," said Harris Leonard, vice president of Northrop Grumman Shipbuilding and president, AMSEC Operations. "This award provides the U.S. Navy access to AMSEC subject matter experts and leverages our rich 28 year history of maintenance, repair and modernization support to the fleet."
Work will be performed at the company's Pearl Harbor location and is expected to be completed by December 2014. The maximum value for each submarine maintenance contract is $23.4 million. The Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (IMF) in Pearl Harbor is the contracting activity.
"This win represents a significant milestone for AMSEC as we look forward to increasing our level of service to PHNSY and the IMF by performing quality repair and modernization support for submarines in the Pacific," said Ali Harkous, AMSEC's program manager responsible for performance of the work under this contract.
Source : Northrop Grumman Corporation (NYSE:NOC)

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