Continental Tide to share in $119 million Navy maintenance contract

Continental Tide Defense Systems, Inc., is among a group of 10 ship-repair firms that have been awarded a share in a U.S. Navy maintenance contract worth $119.1 million over one year.

If all options are exercised, the contract could be worth up to $644 million and continue for five years.

Click the following link to view an article from the Virginian-Pilot newspaper about the project: 9 local ship-repair firms out of 10 to share in big Navy contract