U.S. Navy Awards BAE Systems $36 Million Maintenance Contract for USS Cole
Jun. 06, 2018
NORFOLK, Va.--(BUSINESS WIRE)--Jun 6, 2018--BAE Systems has received a $36.6 million contract from the U.S. Navy to modernize the guided-missile destroyer USS Cole (DDG 67). The Cole will undergo one year of extensive work at the company’s shipyard in Norfolk, Virginia, the ship’s homeport. The contract includes options that, if exercised, would bring the cumulative value to $96.7 million.
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BAE Systems will modernize the guided-missile destroyer USS Cole (DDG 67) under a new 36.6 million contract from the U.S. Navy. (Photo: U.S. Navy)
Under the extended dry-docking selected restricted availability contract, BAE Systems employees and subcontractors will dry-dock the 505-foot-long Cole and perform upgrades and repairs to the ship’s hull and engineering systems that will affect nearly every space on board. The work is expected to begin in July and be completed in July 2019.
“Our work on board the USS Cole is important to the service life of the ship and for expanding its capability to carry out future missions,” said Dave Thomas, vice president and general manager of BAE Systems Norfolk Ship Repair. “We are prepared to perform this extensive dry-docking, working with the ship’s crew, the Navy, and our industry partners.”
Commissioned in June 1996, the USS Cole is named after U.S. Marine Corps Sergeant Darrell S. Cole, who posthumously received the Medal of Honor for his actions in the Battle of Iwo Jima.
BAE Systems is a leading provider of ship repair, maintenance, modernization, conversion, and overhaul services for the Navy, other government agencies, and select commercial customers. The company operates four full-service shipyards in California, Florida, Hawaii, and Virginia, and offers a highly skilled, experienced workforce, eight dry docks/marine railways, and significant pier space and ship support services.
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CONTACT: BAE Systems
KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA
INDUSTRY KEYWORD: TRANSPORT MARITIME MANUFACTURING ENGINEERING DEFENSE CONTRACTS OTHER DEFENSE
SOURCE: BAE Systems, Inc.
Copyright Business Wire 2018.
PUB: 06/06/2018 09:00 AM/DISC: 06/06/2018 09:01 AM