VIRGINIA BEACH, Va., June 7, 2010 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has been awarded a contract by the U.S. Navy to provide engineering, technical and maintenance services to accomplish aircraft carrier maintenance and modernization planning, work package development and integration, and work package execution.
AMSEC LLC, a Northrop Grumman subsidiary, was one of two contractors awarded a five-year indefinite-delivery, indefinite-quantity, cost plus fixed-fee contract. If all options are exercised, the total value for AMSEC would be $73.4 million.
"We are excited about this opportunity to continue providing support to the U.S. Navy Fleet," said Harris Leonard, vice president of Northrop Grumman Shipbuilding and president, AMSEC Operations. "This opportunity, along with our unique capabilities and expertise in aircraft carrier maintenance and modernization, demonstrates our ability to provide the U.S. Navy with in-depth support in all phases of the Navy's mission."
AMSEC's portion of the work will be performed at their locations in Norfolk, Va., San Diego, Bremerton, Wash. and other locations.
The work is expected to be completed by May 2011. The Fleet and Industrial Supply Center (FISC), Norfolk, VA, is the contracting activity.
AMSEC LLC, a wholly-owned subsidiary of Northrop Grumman's Shipbuilding sector, is a full-service provider of engineering, logistics and technical support services to the U.S. Navy and maritime industry.
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
CONTACT: Leslie Mitchell-Gallop Northrop Grumman Shipbuilding (757) 463-6666 firstname.lastname@example.org