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BAE Wins $149M for Submarine Maintenance Work

NORFOLK, Va. --- BAE Systems has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the Mid-Atlantic Regional Maintenance Center (MARMC) for blast, paint and preservation work on tanks of nuclear submarines home ported in Norfolk, Virginia. The five-year contract includes a base year plus four one-year options and presents the opportunity to bid on portions of a work package estimated at $149 million. All work will be performed by BAE Systems personnel in Norfolk.

In addition to its non-nuclear ship repair capabilities, BAE Systems provides key hull preservation services to the nuclear submarine force and specializes in corrosion control and habitability work for U.S. Navy ships.

"Our employees are deployed in mobile teams on the East and West Coasts and in Hawaii to ensure our country's submarines are ready for their important operational missions," said Al Krekich, president, BAE Systems Ship Repair. "This award is another example of the Navy's confidence in our range of ship repair and preservation capabilities."

BAE Systems Ship Repair is the United States' leading non-nuclear ship repair, modernization and conversion company - focused on dry dock and ship repair services for the U.S. Navy, other defense agencies and commercial customers. It has major operations in Norfolk, San Diego, San Francisco and Hawaii.

BAE Systems is a global defense and aerospace company, delivering a full range of products and services for air, land, and naval forces, as well as advanced electronics, information technology solutions, and customer support services. BAE Systems, with 88,000 employees worldwide, had 2006 sales that exceeded $25 billion.

BAE Systems Awarded $149 Million Contract for Preservation Work on Submarines