IMIA gets $51.45M submarine contract

IMIA LLC of Theodore this week was awarded a $51.45 million contract to restore and paint nearly a dozen combat submarines for the U.S. Navy.

The work will be performed in Virginia at the Norfolk Naval Shipyard. It is expected to start in the next few months and be complete in March 2008, said Mike Keenan, president and chief executive officer of IMIA.