BAE Systems was awarded a Defense Department contract on Friday for maintenance repair and modernization services on the USS Cole, an Arleigh Burke-class destroyer once attacked by al-Qaeda terrorists.
The deal will provide for extended dry-docking selected restricted availability or EDSRA during fiscal year 2018.
Typically, EDSRA involves routine dry dock work, hull preservation and repairs to both the propulsion system and the naval vessel, to include, mechanical and electrical systems.
The contract from Naval Sea Systems Command to BAE Systems is valued at more than $36.6 million under a firm-fixed-price contract, which includes options that could surge the total cumulative value of the contract to more than $96.7 million if exercised, according to a Pentagon press release.
Work on the contract will occur in Norfolk, Va., and is expected to be complete by July 2019.
The total cumulative value of the contract without exercised options will be obligated to BAE Systems at time of award from Navy fiscal 2018 operations and maintenance funds along with Navy fiscal 2018 other procurement funds, said the Pentagon press release.
More than $18.6 million of the obligates funds to BAE Systems will expire at the end of the current fiscal year in September.
In October 2000, the guided missile destroyer was attacked by al-Qaeda terrorists while refueling off the coast of Yemen in Aden's ship harbor.
17 U.S. Navy Sailors were killed in the attack with 39 others being injured.
