PRESS RELEASE

July 10th, 2008
MASSA WINS DT-574 HYDROPHONE CONTRACT FROM US. NAVY

Massa Products Corp. Hingham, Mass., is being awarded a $12,066,819 indefinite-delivery/indefinite-quantity contract with firm-fixed-price provisions for procurement of DT-574 Hydrophones. Twelve First Article units and up to 2,500 DT-574 Hydrophones (with 25 ft. and 50 ft. pigtails) and up to 600 DT-574 Hydrophones (with 100 ft. pigtail) per year could be procured. Work will be performed in Hingham, Mass., and is expected to be completed by Jul. 2013. Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured, with proposals solicited via Federal Business Opportunities, with two offers received. The Naval Undersea Warfare Center Division, Newport, R. I., is the contracting activity (N66604-08-D-0513).