Northrop
Grumman Awarded Planning Contract for USS Carl Vinson
(CVN 70)
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Northrop Grumman Corporation
was awarded a planning contract for continued
preparations for the overhaul and refueling of
the nuclear-powered aircraft carrier USS Carl
Vinson (CVN 70). (Photo by U.S.Navy) |
NEWPORT
NEWS, Va., Feb. 12, 2004 -- The U.S. Navy has awarded
Northrop Grumman Corporation (NYSE:NOC) a planning contract
valued at approximately $139 million for continued preparations
for the overhaul and refueling of the nuclear-powered
aircraft carrier USS Carl Vinson (CVN 70).
The
ship is scheduled for arrival at the company's Newport
News sector in November 2005. This will be the vessel's
only refueling during a service life expected to span
approximately 50 years.
This
contract is a modification to the original contract
awarded in May 2001 and brings the total contract value
to date to approximately $330.5 million. Northrop Grumman
is the prime contractor for this program.
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.
Named
for former U.S. Rep. Carl Vinson, the carrier Vinson
was built at Northrop Grumman Newport News and christened
in 1980. The 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 Navy in 1982.
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.
The Newport News sector employs about 18,000 people.