A BATH IRON WORKS-BUILT Arleigh Burke-class destroyer.
The U.S. Navy has awarded funding for the construction of one Arleigh Burke-class destroyer at Bath Iron Works, U.S. Sens. Susan Collins and Angus King announced Monday.
The $620 million award is part of the multi-year procurement contract from 2013 to 2017, according to a joint news release issued by the senators.
“This announcement is welcome news for the hardworking men and women of Bath Iron Works,” they said in the release. “The dedicated workforce of BIW delivers the highest quality ships for our nation’s sailors making them an invaluable asset to preserving our national security. With countless threats across the globe, it’s important that the Navy preserves its combat capabilities.”
Multi-year procurement contracts are among the most effective in keeping costs low and the nation’s industrial base stable, a point U.S. Navy Secretary Ray Mabus made in a Defense Appropriations Subcommittee hearing and an Armed Services hearing earlier this month, the release said.
Under this procurement contract, BIW is slated to build five DDG 51 ships over five years.
The award announced Monday will help fund construction of the 2015 ship, the release said.
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