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Navy modifies USS Cole contract for extended dry-dock work by James Laporta Washington (UPI) Jun 20, 2018 The Department of Defense awarded BAE Systems a contract for work on the USS Cole, an Arleigh Burke-class destroyer. The deal, announced Tuesday is valued at more than $11.7 million under the terms of a firm-fixed-price, which is a modification to a previous Pentagon award issued earlier this month. Earlier this month, BAE was also awarded a $36.6 million contract to modernize the Cole, which was attacked by al-Qaeda terrorists in October 2000. The contract is to exercise options in support of extended dry-docking selected restricted availability, or EDSRA, during fiscal year 2018. EDSRA generally involves routine dry dock work, hull preservation and repairs to both the propulsion system and the naval vessel, including mechanical and electrical systems. 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 will be obligated to BAE Systems at time of award from fiscal 2018 defense-wide procurement funds. The obligated funds will not expire at the end of the current fiscal year, the Pentagon said.
Office of Naval Research awards Aerojet Rocketdyne contract to develop Advanced Torpedo Propulsion System Sacramento CA (SPX) Jun 14, 2018 Aerojet Rocketdyne has been awarded a $2.6 million Phase I contract by the Office of Naval Research to develop a prototype torpedo propulsion system under the agency's Torpedo Advanced Propulsion System (TAPS) program. The primary goal of the program is to improve the engine efficiency of the U.S. Navy's MK48 Heavyweight Torpedo. "Aerojet Rocketdyne began developing torpedo propulsion systems in the early 1950s," said Aerojet Rocketdyne CEO and President Eileen Drake. "We will carry this leg ... read more
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