MarineLink.com
Thursday, December 05, 2013

Silver Ships, Inc. said it has been awarded a firm-fixed price, indefinite-delivery/indefinite-quantity multiple award contract for the construction of High Speed Maneuverable Surface Targets (HSMSTs).

The U.S. Navy maintains an inventory of HSMST’s to be utilized mainly for weapon system test and evaluation and fleet training exercises at nine seaborne target operating activities (ranges). This effort of 100 HSMSTs also includes trailers, shipping cradles and spares for a first year awarded contract value of roughly $11.7 million, with a total estimated ceiling value of $48 million for both awards.

Work is expected to be completed by November 2018.

The contract was competitively solicited as a small business set aside through the Naval Sea Systems Command, Washington, DC.

http://www.marinelink.com/news/orders-hsmsts-silver361728.aspx