Contract: Austal, $185M

Austal USA of Mobile Ala., is being awarded a $185 million modification to a previously awarded contract for one Joint High Speed Vessel with options for up to nine additional ships and associated shore-based spares for the Phase II down-select of the JHSV Program - a potential value of $1.6 billion. The JHSV program provides high speed, shallow draft transportation capability to support the intra-theater maneuver of personnel, supplies and equipment for the Navy, Marine Corps, and Army. Work will be performed in Mobile and is expected to be completed by November 2010. The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity. (Source: Tcp, DoD, 11/13/08)