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NASSCO Wins LSD/LPD Maintenance and Repair Contract

Maritime Activity Reports, Inc.

December 13, 2005

National Steel and Shipbuilding Company (NASSCO) won a seven-year contract for the continuous maintenance and repair of four LSD-41/49 class ships and four LPD-4 class ships for the U.S. Navy. The contract includes one drydocking and 12 non-docking availabilities and has an estimated total value of $200 million over the seven-year period. All eight ships are scheduled to be home-ported in San Diego during the contract period. They are the USS Germantown (LSD 42), USS Comstock (LSD 45), USS Rushmore (LSD 47) and USS Pearl Harbor (LSD 52); and the USS Ogden (LPD 5), USS Cleveland (LPD 7), USS Dubuque (LPD 8) and USS Denver (LPD 9).
The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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