Chugach Development Corp. obtains Whidbey Island contract.ANCHORAGE, Alaska--(BUSINESS WIRE)--July 10, 1996--Chugach Development Corp. (CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation ), a subsidiary of Chugach Alaska Corp. (CAC See Consumer Advisory Council. ), today was awarded a multiyear contract with the U.S. Navy for base maintenance and operations services at the U.S. Naval Air Station A Naval Air Station is an airbase of the United States Navy. Such bases are used to house Naval Aviation squadrons and support commands. List of Functioning US Naval Air Stations
CDC, along with a subcontractor, Del Jen Inc. of Rolling Hills, Calif., secured a one-year contract in excess of $18 million. There are four, one-year extension options. The contract, worth in excess of $90 million over five years, commences Oct. 1, 1996, according to Michael E. Brown "We're ecstatic about this contract and the possibilities for future growth, as well as the experience this will bring to CDC. This establishes CDC as a major player in the military base maintenance business, not only in Alaska, but worldwide," said Keith Gordaoff, president of CDC. "We've experienced recent success in this arena at King Salmon, Adak, Wake Island and three U.S. Army posts in Alaska," Gordaoff continued. "But, this will set us apart from our competitors and should position CDC as one of the primary contractors for this type of work." Brown indicated that over the past months a search for qualified shareholders to fill certain positions has taken place. "We feel confident that our workforce will be of the highest caliber," Brown said. Chugach Alaska Corp. is one of 12 Native Regional Corporations formed under the Alaska Native Claims Settlement Act The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 18, 1971, the largest land claims settlement in United States history. of 1971. Since coming out of bankruptcy and reorganizing in 1992, CAC has made a concerted effort to diversify by building on four main themes: tourism, timber resource development and services to both the governmental and petroleum sectors. In 1995 CAC was named to the Alaska Business Magazine 49ers list, in 29th position. The 49ers is a listing, by total revenues, of Alaska's top companies. CONTACT: Bruce Pozzi Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Bruce Pozzi, 907/272-8880 or 907/345-2887 (home) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion