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Boeing, DRS Subsidiary Awarded Navy Destroyer Ethernet Installation Contracts

DDG51Boeing (NYSE: BA) and a DRS Technologies subsidiary have been awarded contracts worth $21.5 million combined to help the U.S. Navy install a Gigabit Ethernet Data Multiplex System on DDG 51-class destroyers.

The Defense Department said Tuesday that work covers installation and checkout repair of AN/USQ-82(V) networking hardware for USS Arleigh Burke modernization as well as for the Aegis Ashore, Land Based Engineering Site and Australian Air Warfare Destroyer projects.

The Navy awarded an $11, 568, 943 contract to DRS Laurel Technologies and a $9, 958, 461 contract to Boeing to provide the services.

The base period is slated to run through June 2016 and the contracts could reach a total combined value of approximately $56 million if all options are exercised.

Work will occur in Johnstown, Pennsylvania, and in Huntington Beach, California.

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