Gulf Island Shipyards Land $129M Navy Contract Options for Towing, Salvage & Rescue Shipbuilding

Gulf Island Shipyards has been awarded $128.5M in contract options to build two towing, salvage and rescue ships for the U.S. Navy.

Naval Sea Systems Command will use fiscal 2016, 2018 and 2019 shipbuilding funds to cover the full obligated amount for the shipbuilding projects, the Department of Defense said Tuesday.

The company aims to complete the vessels by November 2021.

The Navy is procuring up to eight TSR boats under a $523M contract awarded in March of last year.

Sponsor

×

Stay ahead in GovCon

Join thousands of government contractors who rely on GovCon Wire for the latest updates in federal spending, bid opportunities, and compliance changes.

Whether you’re new to the space or scaling up, our brief keeps you informed and ready to act.

Email Address *

First Name *

Last Name

Position

Company

Related Articles

Teledyne Promotes JihFen Lei to Senior Vice President

Teledyne Technologies has promoted JihFen Lei to senior vice president, effective Jan. 1, 2026, expanding her responsibilities across the company’s…

AFRL Launches $10B Multiple Award Contract for R&D Services

The Air Force Research Laboratory has issued a notice for its multiple award contract, or MAC, vehicle intended to create…

ULA Names John Elbon Interim CEO Following Tory Bruno’s Departure

United Launch Alliance has announced a leadership transition, with longtime President and CEO Tory Bruno stepping down after nearly 12…

Aquia Brings Back Co-Founder David Maskeroni as CEO

Aquia Inc. is welcoming back its co-founder David Maskeroni as CEO. The government modernization and digital services firm said Maskeroni…

Lockheed Books $3.6B Navy Contract Modification for F-35 Logistics Support

Lockheed Martin has received a U.S. Navy contract modification worth approximately $3.63 billion to provide F-35 logistics support services for…

CACI Strikes $2.6B All-Cash Deal for ARKA Group

“CACI International has agreed to acquire ARKA Group from Blackstone Tactical Opportunities-managed funds for approximately $2.6 billion in cash as…

NorthStar Earth & Space Selects Beth Michelson to Lead US Arm

Beth Michelson, chief financial officer of NorthStar Earth & Space, has assumed additional responsibilities as president of the company’s U.S.…

Army Seeks Industry Input for MAPS Gen II Assured PNT Program

The U.S. Army Program Executive Office Intelligence, Electronic Warfare & Sensors, or PEO IEW&S, is conducting market research to guide…

Army Awards Raytheon $512M Contract for ISR Radar Development, Sustainment

The U.S. Army has awarded Raytheon a potential $512.2 million contract to support the development, production, fielding and long-term sustainment…

SDA Taps 4 Vendors for $3.5B in Tranche 3 Tracking Layer Contracts

The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…

Orbit Fab Names Jeff Lints Chief Commercial Officer as Refueling Missions Near

Orbit Fab has appointed Jeff Lints as chief commercial officer as the company prepares for its first commercial on-orbit refueling…

TriWest Secures $7B From DHA to Continue Tricare Health Services Support

The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…

You’ve already read all related articles.

Executive Interviews