William C. Moyer, group vice president of Tracor, Inc., recently announced that the company's subsidiary, Tracor Marine, has been awarded a $2.5-million contract to operate and maintain the U.S. Navy Ocean Construction Equipment Inventory (OCEI), under the direction of the Chesapeake Division of the Naval Facilities Engineering Command.
Under the contract, Tracor Marine will operate and maintain the ocean construction platform SEACON and all OCEI ancillary ocean engineering equipment, as well as provide engineering and technical services. A 260-foot seagoing vessel, the SEACON is the largest OCEI asset.
Dr. Moyer said annual revenues up to approximately $2.5 million are for one year and are anticipated for each of two succeeding option years, for a total contract value of $7.5 million.
The SEACON and specialized equipment are maintained by the Navy for upgrading, implanting, and repairing underwater fleet weapons and tracking ranges, fleet moorings, and communications cables. Although operations are conducted worldwide, the equipment inventory is based in Norfolk, where Tracor Marine's Ocean Technology Division maintains a branch office.
Tracor, Inc. is an international technological products and services company headquartered in Austin, Texas.