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BAE Systems Awarded $149m Sub Contract

Maritime Activity Reports, Inc.

April 13, 2007

BAE Systems has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the Mid-Atlantic Regional Maintenance Center (MARMC) for blast, paint and preservation work on tanks of nuclear submarines home ported in Norfolk, Virginia. The five-year contract includes a base year plus four one-year options and presents the opportunity to bid on portions of a work package estimated at $149m. All work will be performed by BAE Systems personnel in Norfolk.

In addition to its non-nuclear ship repair capabilities, BAE Systems provides key hull preservation services to the nuclear submarine force and specializes in corrosion control and habitability work for U.S. Navy ships.

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