Northrop wins another Coast Guard contract
Published: January 18,2011
PASCAGOULA — The U.S. Coast Guard has awarded Northrop Grumman a $89-million contract to buy material to start production on a fifth cutter.
The work is scheduled to be performed at the company’s Pascagoula shipyard, where two of the eight planned National Security Cutters have been commissioned.
The 418-foot-long Legend-class cutters are the flagships of the Coast Guard fleet.
The contract, announced Jan. 17, includes options that would increase the value to $94 million.
In November, the Coast Guard awarded a $480 million contract for a fourth cutter to be built at the Pascagoula shipyard.
The cutters Bertholf and Waesche have been delivered to the Coast Guard.
Northrop officials say a third cutter, the Stratton, is about 75 percent complete and scheduled for delivery by the end of the year.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- DAVID DALLAS — Roger Wicker: Profile in discouragement
- Tommy Robertson indicted on five counts of embezzlement
- BILL CRAWFORD — More jobs, but fewer with jobs, huh?
- Despite obstacles, craft beer industry growing
- ANITA MODAK-TRURAN — Mississippi’s motion picture renaissance
- Finding your flexible space — Regus banks on high demand for customizable work spaces
- Miss. children's hospital plans $150 million expansion
- Watch out for wildlife while driving on roads, highways
- State's ventures into alt-fuel markets net few jobs