United Defense Shipyard Wins $13 Million Military Sealift Command Contract.NORFOLK, Va. -- United Defense Industries, Inc. (NYSE NYSE See: New York Stock Exchange :UDI (1) (Unified Display Interface) A digital interface from the United Display Interface SIG that is designed to replace the analog VGA interface common on CRTs and flat panel monitors. UDI is expected to provide backward compatibility with DVI and HDMI interfaces. ) announced an $11 million fixed-price contract award to NORSHIPCO, its Norfolk, Va., shipyard, for dry docking and reactivation of the USNS USNS United States Naval Ship (civilian-manned; in service) USNS United States Navy Seals JOSHUA HUMPHREYS (T-AO T-AO Military Sealift Replenishment Oiler 188). Sealift Logistics Command Atlantic in Norfolk, Va., made the initial award which, if all options are exercised, could reach over $13 million. The work is scheduled to begin on March 1, 2005, and complete on May 30, 2005. The work package includes towing the vessel from its berth in Philadelphia, dry-docking, hull painting, tank inspections, reactivation of main and auxiliary propulsion equipment, and repair and modernizing of communication and navigation systems, piping systems and underway replenishment equipment. The ship, decommissioned in June 1996, was the second ship in the Henry J. Kaiser Henry John Kaiser (May 9, 1882—August 24, 1967) was an American industrialist who became known as the father of modern American shipbuilding. Early life Beginning as a cashier in a dry-goods shop in Utica, New York, Kaiser moved many times as he pursued the - class of Military Sealift Command A major command of the US Navy, and the US Transportation Command's component command responsible for designated common-user sealift transportation services to deploy, employ, sustain, and redeploy US forces on a global basis. Also called MSC. See also transportation component command. fleet replenishment oilers. The vessel is currently berthed at the Naval Inactive Ship Maintenance Facility A Naval Inactive Ship Maintenance Facility (NISMF) is a facility owned by the U.S. Navy as a holding facility for decommissioned naval vessels, pending determination of their final fate. in Philadelphia, PA. Underway replenishment oilers provide fuel replenishment to Navy combat ships and jet fuel for aircraft aboard carriers at sea. About United Defense United Defense designs, develops and produces combat vehicles, artillery, naval guns, missile launchers and precision munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. used by the U.S. Department of Defense and allies worldwide, and provides non-nuclear ship repair, modernization and conversion 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 10 K for the year ended December 31, 2003 as well as 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. |
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