BAE Systems Shipyard to Build Additional Platform Supply Vessels for Jackson Offshore

  BAE Systems Shipyard to Build Additional Platform Supply Vessels for Jackson
  Offshore

Business Wire

JACKSONVILLE, Fla. -- March 19, 2013

BAE Systems’ shipyard in Florida will build two additional platform supply
vessels (PSVs) for Jackson Offshore Operators, LLC under a contract option the
two companies signed in December 2012. The new vessels, which will service
offshore drilling operations in the Gulf of Mexico, reflect BAE Systems’
continued growth in U.S. commercial shipbuilding and its support to the oil
and gas industry.

BAE Systems' shipyard in Jacksonville, Florida will build two additional
platform supply vessels (PS ...

BAE Systems' shipyard in Jacksonville, Florida will build two additional
platform supply vessels (PSVs) for Jackson Offshore Operators, LLC under a
contract option the two companies signed in December 2012. (Photo: BAE
Systems)

Each of the Jackson Offshore Operators vessels will be qualified under the
U.S. Jones Act and will measure 252 feet long and 60 feet wide. BAE Systems’
Jacksonville shipyard recently commenced construction on the first of two PSVs
as part of the original contract. Those two vessels will be completed in 2015.

“It’s an exciting time for Jackson Offshore Operators, and the exercising of
this option is an example of our confidence in BAE Systems as a quality
shipbuilder,” said Lee Jackson, president and chief executive officer of
Jackson Offshore Operators, LLC. “Like our other previously announced vessels
being built by BAE Systems, once delivered, these vessels will be deployed on
multiyear contracts in the Gulf of Mexico.”

“We are very pleased that Jackson Offshore Operators has the confidence in BAE
Systems to move forward with their additional ships,” said Richard McCreary,
vice president of BAE Systems Southeast Shipyards. “These ships will allow our
Jacksonville shipyard to continue to grow its backlog and its employment,
which is important in these times of federal budget uncertainty.”

The GPA 675J PSV design is provided by Guido Perla & Associates, Inc. of
Seattle. The vessels include an integrated Rolls-Royce ship systems package,
inclusive of a low-voltage, active front-end diesel electric system and a
complete Rolls-Royce propulsion package with Azipull propulsion thrusters.

The Jackson Offshore contract is part of a continued effort by BAE Systems to
increase new ship construction projects at its facilities in Jacksonville,
Florida and Mobile, Alabama. In Mobile, BAE Systems is currently building two
dump scows, a trailing suction hopper dredge, and the first of two PSVs.

BAE Systems currently employs approximately 400 people in Jacksonville and
expects to hire an additional 120 workers there by the middle of this year.
The company currently employs approximately 850 people in Mobile and expects
to reach a total of 1,500 workers there by the end of this year. Career
opportunities are available at www.baesystems.jobs.

BAE Systems is a leading provider of ship repair, maintenance, conversion,
overhaul and new fabrication construction for commercial, private and
government customers. The company operates six full-service shipyards in
Alabama, Florida, Northern and Southern California, Virginia, and Hawaii, and
offers a highly skilled and experienced workforce of more than 5,000
employees, dry docks, and significant pier space and ship support services.
The company also has proven commercial shipbuilding, module fabrication and
robust industrial fabrication capabilities at the Mobile and Jacksonville
shipyards.

BAE Systems’ customer base includes industry leaders operating offshore energy
support vessels, oil exploration vessels, cargo ships, cruise ships, oil
transportation vessels, and international carriers.

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Contact:

BAE Systems
John Measell
Office: 757-494-4674
Mobile: 757-419-9615
john.measell@baesystems.com
www.baesystems.com/shiprepair