3-Company Team Gets Navy Engineering Contract

A three-company team has been awarded a five-year contract to provide engineering and other services to the Navy’s Air Warfare Center Weapons Division bases at Point Mugu and China Lake.

One of the firms, Sverdrup Technology, has opened an office on Solar Drive in Oxnard and expects to hire several hundred new employees in Ventura County in the next several years.

Sverdrup, a unit of the St. Louis-based Sverdrup Corp., joined with Aegir Systems of Oxnard and INS Inc. of Bensalem, Pa., in successfully bidding for a $286.6-million contract to provide engineering and program management support to the Navy division.

The Oxnard office is headed by Sverdrup Vice President W.F. “Bo” Arnold III, who has more than 16 years’ experience as a lead engineer and manager in the Navy’s weapons development operation.