BAE SYSTEMS Receives $28 Million Ship Repair Contract

BAE Systems has been awarded a $28 million cost-plus-award-fee ship repair contract from the U.S. Navy. The Naval Sea Systems Command contract is a multi-ship, multi-option (MSMO) award for selected restricted availabilities on CG 47 class ships home ported at, and visiting Norfolk, Va. The total value of the contract could reach $168 million, if all options are exercised.