Navy Awards Maersk Major Maintenance Contracts

The U.S. Navy's Military Sealift Command reports that it has signed four contracts with Maersk Line for the operation and maintenance of 10 ships in the Maritime Prepositioning Force.

An 11th ship will also be covered by a small business set-aside contract to be awarded at a later date, command officials said.

The total value of the five contracts, including option years and reimbursables, is more than US$1 billion. Each involves a base period of less than one year and up to...