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news/2008/08/ap_carrieroverhauls_navy_082708w

Todd Shipyards to continue carrier overhauls


The Associated Press
Posted : Wednesday Aug 27, 2008 14:07:33 EDT

SEATTLE — Todd Pacific Shipyards Corp. will continue overhauling the Navy’s nuclear-powered Nimitz class aircraft carriers based in Puget Sound through 2013. The deal announced Tuesday is likely to be worth tens of millions of dollars.

Todd held two previous five-year non-nuclear maintenance and repair contracts dating from 1999.

General Counsel Mike Marsh says the value of the latest contract will depend on what the Navy wants. He says work under the previous contracts averaged one major carrier overhaul a year at $25 million to $30 million. That meant jobs for 300 to 400 people at shipyards in Bremerton, Everett and Seattle.

Marsh says the next scheduled major overhaul will be on the Lincoln in April. The last was on the Stennis early this year.



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