MONTREAL, Oct. 4, 2016 /CNW Telbec/ - SNC-Lavalin
(TSX: SNC) announced today it has been awarded a two-year extension
to its existing contract, valued up to $180
million, by the Government of Canada to provide In-Service-Support (ISS) to
the Royal Canadian Navy's minor warships and auxiliary vessels.
The contract awarded to SNC-Lavalin in 2011 was an initial
four-year contract that included options to extend the duration of
the contract up to another four years. Following two previous
one-year extensions in 2014 and 2015, the Government of
Canada has now added an additional
two-year extension, bringing the contract to September 2019.
Since 2011, SNC-Lavalin has fulfilled, on average, some fourteen
thousand work orders annually. Responsible for everything from new
designs and repairs, to ship hulls and installing remote-control
defence equipment, SNC-Lavalin provides support to 25 different
classes of vessels, totalling a fleet of 76, including the
Kingston-class, Orca training vessels, tugs, dive, and auxiliary
support barges and vessels.
"We have competitively bid on and successfully won three
consecutive In-Service-Support contracts for the Royal Canadian
Navy," said Ian L. Edwards,
President, Infrastructure, SNC-Lavalin. "Our ship operations and
maintenance team offers world-class expertise and they are proud to
play a vital role in the ongoing maintenance of the Navy's minor
warships and auxiliary vessels."
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is one of the leading engineering
and construction groups in the world and a major player in the
ownership of infrastructure. From offices in over 50 countries,
SNC-Lavalin's employees are proud to build what matters. Our teams
provide engineering, procurement, construction, completions and
commissioning services together with a range of sustaining capital
services to clients in four industry sectors: oil and gas, mining
and metallurgy, infrastructure and power. SNC-Lavalin can also
combine these services with its financing and operations and
maintenance capabilities to provide complete end-to-end project
solutions. www.snclavalin.com
SOURCE SNC-Lavalin