November 09, 2024
Business

BIW awarded $562 million Navy contract

WASHINGTON – Sen. Olympia J. Snowe, R-Maine, announced Friday that Bath Iron Works had won a $562 million Navy contract, based on an existing contract, to build the DDG 112.

The work is scheduled to be completed by December 2010.

“Today, the quality of workmanship at Bath Iron Works has been proven once again with the Navy’s announcement to award them with a contract to build another DDG Destroyer,” Snowe said.

“The fact of the matter is that BIW is the nation’s premium shipyard with a reputation for excellence. The Navy and our nation will yet again stand to benefit from this exemplary Bath-built product.”

The DDG is an AEGIS class destroyer.


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