The Navy has awarded a total of $402.5 million in contracts for eight guided-missile frigates (FFGs) to Todd Shipyards Corp. and Bath Iron Works Corp. These are the second FFG production contracts awarded to each of these firms. Todd Shipyards received a $251.
Currently under construction at Rodriquez Cantieri Navali SpA's Pietra Ligure shipyard is a TMV 115 high-speed passenger and vehicle ferry for the Spanish ferry operator Balearia Eurolines Maritimes. The contract for this vessel was signed in January 2000 and delivery is expected in May 2001.