Shipbuilder Nears $360 Million Deal; Manitowoc Co., U.S. Navy Iron Out Details

Summary


Manitowoc Manitowoc Co. is close to signing a U.S. Navy contract worth about $360 million in new business, company officials said Tuesday.

The company also has bid for a Coast Guard contract to build a fleet of high-speed boats, valued at several hundred million dollars, over a period of several years.

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Shipbuilder Nears $360 Million Deal; Manitowoc Co., U.S. Navy Iron Out Details

Manitowoc Co. could learn as early as July whether it has won the Coast Guard contract, company officials said at their annual shareholders meeting at the Holiday Inn.

The Navy contract is ...

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