USS Constellation Decommissioning Work Awarded to United Defense's San Diego Shipyard.Business Editors SAN DIEGO--(BUSINESS WIRE)--June 9, 2003 United Defense Industries (NYSE NYSE See: New York Stock Exchange :UDI) announced a $1,893,608 contract award to its Southwest Marine (SWM) shipyard, here, for decommissioning Decommissioning is a general term for a formal process to remove something from operational status. Some specific instances include:
The ship, homeported in San Diego, is one of three non-nuclear-powered carriers in the fleet. SWM is performing the work under a contract awarded by NAVSEA NAVSEA Naval Sea Systems Command NAVSEA Naval Avionics Support Equipment Appraisal San Diego at Naval Air Station North Island Naval Air Station North Island (NAS North Island or NASNI) (IATA: NZY, ICAO: KNZY, FAA LID: NZY) is located at the north end of Coronado Island in San Diego Bay, is the home port of several aircraft carriers of the United States Navy. (NASNI NASNI Naval Air Station, North Island (US Navy) ), Coronado, Calif. Completion is scheduled for September 12, 2003. The basic work package includes preparing the ship for tow to Puget Sound Naval Shipyard, where she will be mothballed after decommissioning in San Diego in August of this year. SWM is repairing the decks, office spaces, providing temporary services and assisting the ship's force with inactivation inactivation /in·ac·ti·va·tion/ (in-ak?ti-va´shun) the destruction of biological activity, as of a virus, by the action of heat or other agent. . SWM's work items also include installation of propulsion shafting shaft·ing n. 1. A system of shafts, as in a mechanical device, for transmitting motion or power. 2. Material from which shafts are made. 3. and rudder locking devices, sea valves, temporary power and towing modifications. The "CONNIE" arrived in San Diego on June 2 to a homecoming celebration at the Broadway Pier downtown and in Coronado at NASNI to welcome the ship and her 5,000-plus crew of Sailors and Marines home from her last deployment. The ship served the fleet for 41 years and most recently supported the first air strikes against Baghdad. More than 1,500 combat sorties were launched from her flight deck during Operation Iraqi Freedom. About Southwest Marine Southwest Marine is a member of the United States Marine Repair (USMR USMR United States Marine Repair USMR United States Military Reserve USMR US Mounted Rifles (Army Mounted troops from the early 1800s) ) family of shipyards, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of United Defense. USMR ship repair facilities are located in Norfolk, Va.; San Diego, San Pedro and San Francisco, Calif.; Ingleside, Texas; Pearl Harbor, Hawaii; and Mayport, Fla. About United Defense United Defense designs, develops and produces combat vehicles, artillery, naval guns, missile launchers and precision munitions used by the U.S. Department of Defense and allies worldwide and provides America's largest non-nuclear ship repair, modernization conversion and overhaul to the U.S. Navy and other U.S. Government agencies. To learn more about United Defense, visit www.uniteddefense.com. Forward-Looking Statements Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to United Defense Industries, Inc. as of the date of the release, and we assume no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Please refer to the Company's Annual Report on Form 10K for the year ended December 31, 2002, the Company's Quarterly Report on Form 10Q for the quarter ended March 31, 2003, and our other reports filed from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with our business. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion