Business

<< Previous   of   Next >>   ADVERTISEMENT   CONTACT THE HERALD Mike Benbow, Business Editor benbow@heraldnet.com   Published: Wednesday, August 27, 2008 Todd Shipyards will maintain Navy's carriers The shipyard will perform upkeep of the Lincoln and other Puget Sound-based carriers. Herald staff EVERETT -- Todd Shipyards Corp. said it has won a U.S. Navy contract to provide long-term overhaul and maintenance for its Nimitz-class aircraft carriers based in Puget Sound, including the USS Abraham Lincoln. The five-year contract also calls for Todd to perform work on the USS John C. Stennis, USS Nimitz and USS Ronald Reagan. Todd will perform repairs, alterations and maintenance that doesn't involve the ships' nuclear power plants. Much of the work on the USS Lincoln is expected to be performed at the Naval Station Everett docks. When the ship is required to go into dry dock, it is sent to Puget Sound Naval Shipyard in Bremerton, as it was in 2006 and 2007. The new carrier maintenance contract continues work that is familiar to Todd. The shipyard company has won two other contracts for the same work locally since 1999, said Michael Marsh, Todd's general counsel. Todd performs a substantial amount of repair and maintenance work on commercial and government vessels around the Pacific Northwest, with the Navy, Coast Guard and Washington State Ferries among its customers. The value of the new carrier contract is not determinable until the Navy defines all the work to be performed, according to Todd. Todd has operated a shipyard in Seattle since 1916. In January, the company bought Everett Shipyard, which has operated on the city's waterfront since the 1940s.

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