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Moose Boats Wins Six-Boat Navy Deal

Maritime Activity Reports, Inc.

May 17, 2004

Moose Boats won two contracts from the U.S. Navy to build six more Moose 340C Catamaran Patrol Boats. The contract totals approximately $2.9 million, and the first boat is scheduled to be delivered in January 2005.

The Moose 340C is a 36’-5” All-Aluminum Jet Powered Catamaran with twin Cummins 380 hp turbo diesels and is propelled by Hamilton 292 water jets. These vessels will be assigned to stations in San Diego, Calif. If required, the boat can be deployed at speeds over 34 knots with armament including 50 caliber and M60 machine guns. Moose Boats is currently building the 340C for the U.S. Navy under a previous six boat contract and has delivered three of these to date. The remaining three boats will be delivered by September 2004.

Moose Boats will be demonstrating the capabilities of the 340C Patrol Boat in the water to the government maritime community at the upcoming MACC, June 15-17, Norfolk, Virginia.

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