San Diego shipyards to get $1.3 billion for warship repairs

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(WASHINGTON) — The Navy has announced it will pay three San Diego shipyards up to $1.3 billion in the next five years to repair and upgrade U.S. warships, the San Diego Union-Tribune reported. The new agreement will require the companies — General Dynamics NASSCO, BAE Systems and Continental Maritime — to compete on a ship-by-ship basis, rather than being awarded contracts for multiple vessels in the same class. The Navy is in the process of increasing the number of warships based in San Diego from 59 to 70.

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By Professional Mariner Staff