SecNav Lehman Announces Contract Awards Totaling Almost $2 Billion

Secretary of the Navy John Lehman recently announced that the Navy has awarded shipbuilding contracts to six U.S. shipyards totaling $1,958,000,000. The awards encompass 10 ships, including four nuclear attack submarines of the Los Angeles (SSN-688) Class, three Ticonderoga (CG-47) Class guided missile cruisers, two dock landing ships of the Whidbey Island (LSD-41) Class, and the lead ship of the new Cardinal (MSH-1) Class coastal minehunter.

Through competitive bidding for the contracts, these ships were awarded at a total savings of $243,000,000 below President Reagan's FY-85 budget request.

The six shipbuilders that received contract awards were: Newport News Shipbuilding ($779,400,000); General Dynamics' Electric Boat Division ($282,900,000); Bath Iron Works ($383,600,000); Ingalls Shipbuilding ($238,600,000); Avondale Shipyards ($246,200,000); and Bell Aerospace Textron ($27,300,000).

Secretary Lehman said that he is extremely proud of the ability of the U.S. Navy to fulfill the Reagan Administration's objective of a modern, combat-ready 600-ship fleet while, at the same time, introducing to the government procurement process reforms that have achieved savings. The Secretary predicted that continued emphasis on the competition and sound business management will enable the Navy to achieve still more savings in future ship and aircraft procurement.

Maritime Reporter Magazine, page 5,  Jan 15, 1985 automatic transmission

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.