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Bechtel Awarded Navy Contract

Maritime Activity Reports, Inc.

January 21, 2002

Bechtel Plant Machinery Inc., Schenectady, N.Y., is being awarded a $135,998,887 cost-plus-fixed-fee contract for Naval nuclear propulsion components. Work will be performed in Schenectady, N.Y., and Pittsburgh, Pa. (26%). Contract funds will not expire at the end of the current fiscal year. No completion date or additional information is provided on nuclear propulsion contracts. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

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