{"id":388214,"date":"2020-11-24T18:22:04","date_gmt":"2020-11-24T23:22:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388214"},"modified":"2020-11-24T18:22:04","modified_gmt":"2020-11-24T23:22:04","slug":"u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/","title":{"rendered":"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization<\/b><\/p>\n<p>NORFOLK, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBAE Systems has received a $197.4 million contract from the U.S. Navy to drydock and perform maintenance and modernization work aboard the amphibious assault ship USS Wasp (LHD 1). This is the second time in four years that the company has performed significant work onboard the Wasp to sustain its warfighting capability.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201124006047\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201124006047\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201124006047\/en\/841851\/4\/USS_Wasp.jpg\" alt=\"BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp, seen here sailing in the Mediterranean Sea, in February 2021. (Photo: U.S. Navy)\" \/><\/p>\n<p style=\"font-size:85%\">BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp, seen here sailing in the Mediterranean Sea, in February 2021. (Photo: U.S. Navy)<\/p>\n<\/div>\n<p><span style=\"font-weight:normal\">Under the new contract, BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp in February 2021, performing hull, tank and mechanical work. The contract includes options that, if exercised, would bring the cumulative value to $237.7 million.<\/span><\/p>\n<p>\nDuring the company\u2019s last maintenance availability aboard the Wasp, from December 2016 to May 2017, BAE Systems added modifications to support Joint Strike Fighter operations onboard.\n<\/p>\n<p>\n\u201cBAE Systems is very familiar with USS Wasp, performing substantial upgrade work onboard before its forward deployment to Japan three years ago,\u201d said Mark Whitney, deputy general manager of BAE Systems Ship Repair and general manager of Norfolk Ship Repair. \u201cOur team of skilled tradespeople and subcontractors look forward to executing another long sustainment period on Wasp, to ensure the ship retains its sharp warfighting capability.\u201d\n<\/p>\n<p>\nThe USS Wasp is the lead ship of a class of U.S. Navy amphibious assault ships. It is the 10th Navy vessel to bear the name since 1775.\n<\/p>\n<p>\nTo prepare for drydocking the Wasp, BAE Systems sent its largest floating drydock in Norfolk to a Baltimore, Maryland, shipyard for five months of lifecycle maintenance. The drydock, called \u201cTitan,\u201d returned to Norfolk earlier this month. The lifecycle maintenance work performed on Titan drydock will enable the yard to service the largest Navy ships in the port of Norfolk for another 20 to 25 years. Titan is capable of lifting up to 52,500 long tons. The USS Wasp displaces about 40,500 long tons.\n<\/p>\n<p>\nBAE Systems is a leading provider of ship repair, maintenance, modernization, conversion, and overhaul services for the Navy, other government agencies, and select commercial customers. The company operates four full-service shipyards in California, Florida, Hawaii, and Virginia, and offers a highly skilled, experienced workforce, seven dry docks and railways, and significant pier space and ship support services.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201124006047r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201124006047\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201124006047\/en\/<\/a><\/span><\/p>\n<p>\nKarl Johnson, BAE Systems<br \/>\n<br \/>Mobile: 757-375-5086<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:karl.d.johnson@baesystems.com\">karl.d.johnson@baesystems.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.baesystems.com%2FUS&amp;esheet=52336561&amp;newsitemid=20201124006047&amp;lan=en-US&amp;anchor=www.baesystems.com%2FUS&amp;index=1&amp;md5=a37d46f8980a67a378587530c8cc2a74\">www.baesystems.com\/US<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.twitter.com%2Fbaesystemsinc&amp;esheet=52336561&amp;newsitemid=20201124006047&amp;lan=en-US&amp;anchor=%40BAESystemsInc&amp;index=2&amp;md5=79e2a45a3440c49142411602e0cb197a\">@BAESystemsInc<\/a><\/p>\n<p>\n\u00a0\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Virginia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Defense Technology Aerospace Manufacturing Other Technology Other Defense Contracts<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201124006047\/en\/674662\/3\/BAES_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201124006047\/en\/841851\/3\/USS_Wasp.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp, seen here sailing in the Mediterranean Sea, in February 2021. (Photo: U.S. Navy)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization NORFOLK, Va.&#8211;(BUSINESS WIRE)&#8211; BAE Systems has received a $197.4 million contract from the U.S. Navy to drydock and perform maintenance and modernization work aboard the amphibious assault ship USS Wasp (LHD 1). This is the second time in four years that the company has performed significant work onboard the Wasp to sustain its warfighting capability. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201124006047\/en\/ BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp, seen here sailing in the Mediterranean Sea, in February 2021. (Photo: U.S. Navy) Under the new contract, BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388214","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization NORFOLK, Va.&#8211;(BUSINESS WIRE)&#8211; BAE Systems has received a $197.4 million contract from the U.S. Navy to drydock and perform maintenance and modernization work aboard the amphibious assault ship USS Wasp (LHD 1). This is the second time in four years that the company has performed significant work onboard the Wasp to sustain its warfighting capability. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201124006047\/en\/ BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp, seen here sailing in the Mediterranean Sea, in February 2021. (Photo: U.S. Navy) Under the new contract, BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp &hellip; Continue reading &quot;U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T23:22:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20201124006047\/en\/841851\/4\/USS_Wasp.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization\",\"datePublished\":\"2020-11-24T23:22:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\\\/\"},\"wordCount\":493,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20201124006047\\\/en\\\/841851\\\/4\\\/USS_Wasp.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\\\/\",\"name\":\"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization - 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This is the second time in four years that the company has performed significant work onboard the Wasp to sustain its warfighting capability. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201124006047\/en\/ BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp, seen here sailing in the Mediterranean Sea, in February 2021. (Photo: U.S. Navy) Under the new contract, BAE Systems\u2019 Norfolk shipyard will begin working aboard the 843-foot-long USS Wasp &hellip; Continue reading \"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-24T23:22:04+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20201124006047\/en\/841851\/4\/USS_Wasp.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization","datePublished":"2020-11-24T23:22:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/"},"wordCount":493,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20201124006047\/en\/841851\/4\/USS_Wasp.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-navy-awards-197-million-contract-to-bae-systems-for-uss-wasp-modernization\/","name":"U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization - 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