Konecranes wins $46 million crane deal with the US Navy with options for six additional cranes
Konecranes has won a contract from the US Navy to deliver a 175-ton portal jib crane to the Puget Sound Naval Shipyard in the State of Washington. The $46-million order was booked in December and contains options for six additional portal jib cranes over the next seven years. If realized, the total value of the agreement would be around $330 million.
The crane to be provided is a Konecranes tailor-made design, unique with features that allow it to operate on the multiple rail section sizes, straight or curved, located at the Naval base. The portal jib crane is also designed to minimize wheel loads while operating at maximum capacity through the maximum operating range with Konecranes’ unique dynamic stability system.
This design of crane is tailored to the historical shipyard layouts of the US Navy, but could be used globally in other Naval shipyards with similar configurations.
“This contract is a testament to past performance as well as our ability to meet customer needs under the most demanding circumstances, and it underscores the confidence customers like the US Navy have in Konecranes to deliver this unique product,” said Steven Waisanen, Vice President in Industrial Equipment at Konecranes.
Originally established in 1891 as a naval station, Puget Sound Naval Shipyard today provides longer-term, full-service maintenance and inactivation/recycling work on surface ships and submarines utilizing six drydocks and adjacent piers. The site is the Pacific Northwest's largest Naval shore facility and one of Washington state's largest industrial installations.
Further information:
Steven Waisanen, Vice President, Business Area Industrial Equipment
Email: steve.waisanen@konecranes.com
Further information for investors and analysts:
Eero Tuulos, Vice President Investor Relations, Konecranes
Email: eero.tuulos@konecranes.com or phone: +358 20 427 2050
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2018, Group sales totaled EUR 3.16 billion. The Group has 16,100 employees in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).