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Wednesday, December 01, 2010

U. S. Coast Guard Awards Northrop Grumman $480 Million Construction Contract for Fourth National Security Cutter

USCG BerthlofThe U.S. Coast Guard has awarded a $480 million fixed-price incentive contract to Northrop Grumman Corporation's Shipbuilding sector for construction of a fourth National Security Cutter (WMSL 753). Construction and delivery will be performed at the company's Pascagoula facility.

"These ships are a significant part of the Coast Guard's recapitalization program," said Irwin F. Edenzon, vice president and general manager, Northrop Grumman Shipbuilding-Gulf Coast.

"This contract emphasizes the Coast Guard's confidence in the NSC's design and demonstrated performance, as well as the progress we've made with our quality and process improvement initiatives."

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