Shipyard Infrastructure Optimization Program The five-year agreement will see the development of a new graving dock (Dry Dock 5) to replace Dry Dock 3, sustaining PHNSY & IMF capabilities that modernize and maintain the US Pacific Fleet’s nuclear-powered submarines. The US Navy has awarded a joint venture of Dragados, Hawaiian Dredging, and Orion a $2.8-billion contract to construct a concrete dry dock at Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility ( PHNSY & IMF) in Oahu, Hawaii.
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