Avondale Alliance Awarded $7.0 Million U.S. Coast Guard Design Contract.NEW ORLEANS--(BUSINESS WIRE)--Aug. 24, 1998--Avondale Industries, Inc. (NASDAQ/NMS:AVDL AVDL Application Vulnerability Description Language ) today announced that the alliance headed by Avondale was one of three teams awarded a $7.0 million Phase I contract to begin the conceptual design of a program that will comprehensively upgrade the U.S. Coast Guard's aging cutters, aircraft and command and control systems. The Avondale Deepwater Alliance includes Avondale as the prime contractor, Boeing, DAI, Inc., John J. McMullen Associates, Inc., and Raytheon Systems Company. At the conclusion of the 16 month Phase I portion of the project, the Coast Guard will have a plan for the acquisition, outfitting and maintenance of its resources within an integrated deepwater system. After the evaluation of the Phase I proposals, the Coast Guard will move into Phase II during which time the contracting teams will refine their proposals. The Coast Guard currently plans to award the final deepwater contract in February 2002 and commence a decade long effort, valued at approximately $8.0-$10.0 billion, to replace between 30 and 40 multipurpose mul·ti·pur·pose adj. Designed or used for several purposes: a multipurpose room; multipurpose software. multipurpose Adjective high and medium endurance cutters, fixed and rotary - wing aircraft and command, control, communications and surveillance gear. Albert L. Bossier Bossier may refer to:
Avondale was informed of the award by its Congressional delegation including House Appropriations Committee In the United States government, the Appropriations Committee can refer to either:
Robert Linlithgow Livingston IV, better known as Bob Livingston (born April 30, 1943), is a Washington, D.C. (R-LA), William Jefferson William Jefferson can refer to more than one person.
Avondale Industries, Inc., headquartered in metro New Orleans designs, builds and overhauls both military and commercial ships.
CONTACT: Avondale Industries, New Orleans
Thomas M. Kitchen, 504/436-5237
or
Eugene K. Simon, Jr., 504/436-5664
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