A v o n d a l e Gets $ 1 0 1 - M i l l i o n A w a rd From N a v y For Sixth T - A O - 1 8 7 Oiler

The U.S. Navy has exercised an option in its contract with the Shipyards Division of Avondale Industries, Inc. for the construction of another fleet oiler of the T-AO-187 (Henry J. Kaiser) Class. This latest award, worth $101 million, brings to six the number of-oilers building or under contract at the Avondale yard, at a total cost $689.9 million.

Under the current contract, the Navy has an option on a seventh ship of the class. Delivery of the sixth oiler is scheduled for January 1989.

Avondale Industries, headquartered in Boston, is an employee- owned company comprising seven divisions recently purchased from Ogden Corporation.

Avondale is primarily involved in marine and modular construction, metals recycling, and industrial production. With 1985 sales of $1.2 billion, Avondale is among the largest employee-owned corporations in the U.S.

Maritime Reporter Magazine, page 64, Apr 1986

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Maritime Reporter

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