General Dynamics' (NYSE: GD) NASSCO subsidiary has been awarded a potential $130.9M contract to help the U.S. Navy modernize, repair and maintain the Wasp-class USS Bataan amphibious assault ship.
NASSCO will carry out the vessel's selected restricted availability for fiscal year 2020 under the firm-fixed-price contract, the Department of Defense said Wednesday.
Naval Sea Systems Command received one offer for the project via a full and open competition within the East Coast and Gulf Coast areas. The branch will obligate $106.9M at the time of award from its FY 2020 operations and maintenance and other procurement funds.
Work will take place in Norfolk, Va., through December 2021.
