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Monday, December 8, 2008

Draper Lab wins $157M Navy deal for sub missile guidance work

Research and development hothouse Charles Stark Draper Laboratory has landed $157.3 million from the U.S. Navy for missile engineering services.

Under the contract, the Cambridge-based nonprofit will test, repair and maintain guidance subsystems on the Trident II (D-5) missile. Draper will also perform research aimed at applying new technologies to support the Trident II. Work on the contract will be performed in Cambridge, Andover, and Pittsfield, as well as in Clearwater, Fla., and El Segundo, Calif. Work on the contract is expected to be completed by September 2009.

Last month, Draper landed a $117.4 million contract modification from the Navy, also for work on missile guidance systems. Under that contract, worth nearly $300 million, Draper will perform repairs on Trident II D5 guidance systems, and will also supply spare parts for the guidance systems.

In October, the nonprofit organization named a new board chairman: retired U.S. Air Force Gen. John Gordon. The four-star general will replace Draper’s current board chairman, John Kreick, who is retiring and has held the post since 2001.

Cambridge-based Draper is an independent nonprofit R&D corporation specializing in defense technology. The laboratory was founded in the 1930s as a teaching laboratory at MIT. In 1973, the laboratory and MIT became independent corporations, but the institutions maintain close ties.
 

John Gordon John Kreick

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