Parsons Selected for Northrop Grumman Shipyard Expansion Contract; $400 Million Contract Includes Modernization and Expansion at Three Naval Shipyards.Business Editors PASADENA, Calif.--(BUSINESS WIRE)--June 9, 2003 Parsons has been awarded a master services agreement by Northrop Grumman Ship Systems Northrop Grumman Ship Systems (NGSS) is the division of Northrop Grumman Corporation responsible for building small and medium shipping products. A separate sector of Northrop Grumman, Northrop Grumman Newport News, is responsible for nuclear submarines and supercarriers. (NGSS NGSS Northrop Grumman Ship Systems NGSS Next Generation Security Software NGSS Next Generation Satellite Systems NGSS Next Generation Surveillance System NGSS Next-Generation Switching Silicon NGSS Now Go Sell Something NGSS Next Generation SONET/SDH ) to be the engineer, designer, construction manager and program manager for a five-year, $400 million, facilities modernization and expansion program at three NGSS sites in Mississippi and Louisiana. NGSS is building ships for the U.S. Navy at shipyards located in Pascagoula and Gulfport, Mississippi Gulfport is the second largest city in Mississippi after the state capital Jackson. It is the larger (population wise) of two principal cities of the Gulfport-Biloxi, Mississippi Metropolitan Statistical Area, which is included in the Gulfport-Biloxi-Pascagoula, Mississippi ; and New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , Louisiana. The New Orleans shipyard is additionally building double-hull tankers for a private oil company. Parsons contract is for full program and construction management including: engineering, procurement, subcontracting and construction. Parsons began facilities assessment of NGSS' modernization plan for these three shipyards in May 2002, and has continued to provide engineering and schematic design services for the same shipyards since then. "This contract provides a great opportunity for Parsons to team with Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. and continue working in the Gulf Coast," states Chuck Harrington, Parsons Group President. "This contract reflects the confidence and satisfaction that NGSS has had in Parsons and is consistent with Parsons' focus on large long-term programs for strategic customers," he adds. The shipyard projects will result in numerous jobs and opportunities for local labor forces and subcontractors as well as an improved work environment and capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) in Louisiana and Mississippi. Parsons, a leader in many diversified markets, such as facilities, industrial processes, communications, infrastructure, transportation, water, advanced technology, environmental and planning, provides technical and management solutions to private industrial customers worldwide as well as federal, regional and local government agencies. For more about Parsons, please visit us at www.parsons.com. |
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