Navy issues penny contract for ship dismantling

Friday, May 9, 2014 - 09:00 in Earth & Climate

Richard TomkinsWASHINGTON, May 9 (UPI) -- ESCO Marine, a Texas company, will dismantle decommissioned U.S. Navy carrier Saratoga under a contract with a value of $0.01; ESCO will keep the scrap metal.

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