GULF ISLAND AWARDED TWO ADDITIONAL NAVY VESSELS
Gulf Island Fabrication, Inc. (GIFI)
US:NASDAQ Investor Relations:
ir.gulfisland.com
Company Research
Source: GlobeNewswire
HOUSTON, April 08, 2020 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. ("Gulf Island" or the "Company") (NASDAQ: GIFI) announced today that it received notification of an award for the construction of two additional towing, salvage and rescue ships (“T-ATS”) for the U.S. Navy (“Navy”). This represents the Navy’s execution of its fourth and fifth options for Gulf Island’s construction of five T-ATS vessels that will be built in the Company’s facility in Houma, Louisiana. The Navy has remaining options for three additional vessels. "We are honored that the Navy has exercised the options for two additional vessels. This is great news for our employees in Houma, Louisiana as it will provide additional stability during these uncertain times. We look forward to continuing our partnership with the Navy as we focus on safely building quality vessels,” said Richard Heo, Gulf Island's President and Chief Executive Officer. “These projects support our ongoing efforts to diversify our back
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GIFI
Sec Filings
- 11/6/24 - Form 10-Q
- 11/5/24 - Form 8-K
- GIFI's page on the SEC website