Approximately 30 members and guests attended a recent meeting of the Delaware Valley Chapter of the American Society of Naval Engineers at the Officer's Club, Philadelphia Naval Base.

Richard Watson of the J.J. Henry Co., Inc. made an excellent presentation of "The Pros and Cons of Government Contracting in the Naval Architecture and Marine Engineering Business." The salient points discussed were contracting methods and procedures and their impact on prospective and established contractors. Mr. Watson's presentation was followed by a lively question and answer session.

Delaware Valley Chapter chairman Eugene P. Weinert thanked Mr. Watson for a most interesting presentation, and presented him with a Certificate of Appreciation.