BAE Systems Gets $197 Million Contract to Upgrade USS Wasp
November 24 2020 - 7:05PM
Dow Jones News
By Stephen Nakrosis
BAE Systems, Inc. on Tuesday said it received a contract from
the U.S. Navy to drydock and upgrade the amphibious assault ship
USS Wasp.
Under the terms of the $197.4 million contract, BAE will perform
maintenance and modernization work at its Norfolk shipyard,
beginning in February of next year.
The company said the contract has options that, if exercised,
would bring the cumulative value to $237.7 million.
"This is the second time in four years that the company has
performed significant work onboard the Wasp to sustain its
warfighting capability," BAE said.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 24, 2020 18:50 ET (23:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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