Shaw Announces U.S. Navy Contract Awards

Baton Rouge, LA - The Shaw Group Inc. announced recently that its Environmental & Infrastructure Group has been awarded a task order on an existing contract plus a new contract from the U.S. Navy.

The work to be performed under the task order includes repair and construction projects at Camp Lemonier in Djibouti, Africa. The value of Shaw's contract, which has been included in the company's previously announced backlog, was not disclosed.

Shaw, as managing partner of Atlantic Contingency Constructors LLC (ACC), was awarded the first task order contract under the Global Contingency Construction – Multiple Award Contract (GCC-MAC) by the Naval Facilities Engineering Command, Atlantic Division. ACC is a limited liability company formed by Shaw Environmental & Infrastructure, Inc., AECOM Government Services, Inc., and PAE Government Services. ACC was awarded the GCC-MAC contract in August of 2006.

Shaw was selected for a new contract award by the Naval Facilities Engineering Service Center to perform work on underground storage tanks on the island of Oahu, Hawaii. Shaw will be responsible for the cleaning, inspection and repair of Red Hill Tank 2 and Red Hill Tank 20. The value of Shaw's two-year contract, which will be included in the company's fiscal year 2008 first quarter backlog, was not disclosed.

"We are pleased to have been selected for the first task order contract under the GCC-MAC to provide repair and construction services," said J.M. Bernhard Jr., Shaw's chairman, president and chief executive officer. "This award further establishes Shaw's international footprint and our ability to deliver a wide range of contingency support for the U.S. Navy.

"We also are pleased to be awarded the tank repair contract by the Naval Facilities Engineering Service Center," Bernhard said. "Shaw continues to build its technical expertise in the fuels market and we look forward to delivering innovative solutions for our clients worldwide."

SOURCE: The Shaw Group Inc.