The U.S. Navy on Thursday awarded two contracts worth up to $98.7 million to a Northrop Grumman Corp. unit to repair three of its shipyards damaged by Hurricane Katrina.
The first deal, worth up to $86.3 million, will provide infrastructure upgrades at shipyards in Pascagoula and Gulfport, Miss., and the second deal, worth $12.4 million will provide the same upgrades at a shipyard in New Orleans.
Funds will be used to repair shipyards owned by Northrop Grumman Ship Systems Gulf Coast that were damaged in 2005 by the hurricane.