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United States : GENERAL DYNAMICS bags $156 MILLION Maintenance Contract for US Navy Wasp-class Ship
Publish Date : 04-Mar-2016
General Dynamics declared that its shipbuilding division in San Diego, California has secured a contract worth $156 million for offering maintenance services to US Navys Wasp-class amphibious assault ship.
According to the US Department of Defense, General Dynamics National Steel and Shipbuilding Co., San Diego, California, is being awarded an undefinitized contract action with a not-to-exceed amount of $156,596,386 to a previously awarded cost-plus-award-fee contract (N00024-13-C-4404) for USS Essex (LHD-2) fiscal 2016 phased maintenance availability (PMA).
The PMA involves the planning and carrying out of depot-level maintenance, alterations, and modifications, which will update and enhance the ship's military and technical capabilities.
It is estimated that the work will be finished by June 2017.
The statement said that, The Fiscal 2016 operation and maintenance (Navy); and fiscal 2015 other procurement (Navy) funding in the amount of $81,992,331 will be obligated at time of award; and contract funds in the amount of $121,692,679 will expire at the end of the current fiscal year.