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Continental Maritime books Navy contract with a $38.2 million potential

marinesalvage by marinesalvage
June 17, 2024
in News
0
Ship that Continental Maritime will work on
Ship that Continental Maritime will work on

USS Portland: Continental Maritime is anticipated to finish work on ship by October 2023 [U.S. Navy Photograph]

Continental Maritime San Diego, San Diego, Calif., has been awarded a $14,963,483 firm-fixed-price undefinitized contract motion (UCA) for the amphibious transport dock ship USS Portland (LPD-27) fiscal 2023 chosen restricted availability. The contract accommodates choices that, if exercised, would deliver its cumulative worth to $38,253,995.

The UCA can be definitized on or about January 9, 2023. This effort is to perform upkeep, restore, and modernization of the USS Portland.

Work can be carried out in San Diego and is anticipated to be accomplished by October 2023. Fiscal 2023 different procurement (Navy) funds within the quantity of $14,963,483 can be obligated at time of award and won’t expire on the finish of the present fiscal 12 months. This contract was competitively procured utilizing full and open competitors with just one provide obtained by way of the System for Award Management web site.

The Southwest Regional Maintenance Center (San Diego) is the contracting exercise (N55236-23-C-0001).

Continental Maritime is the previous Huntington Ingalls San Diego Shipyard. It was acquired in February 2020 by Titan Acquisitions, an organization wherein the Carlyle Group is almost all shareholder and which was arrange by Carlyle and Stellex Capital Managemen in July 2019 to amass and merge Portland, Ore., headquartered Vigor Industrial LLC and Norfolk, Va., based mostly shiprepairer MHI Holdings LLC, which had been acquired by Stellex in 2015.

Source of This New

Tags: Continental MaritimeshipyardU.S. NavyUSS Portland (LPD 27)
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