Company signed contracts of approximate value of Rs.916 crore for construction of 14 Fast Patrol Vessels for the Indian Coast Guard. Our Company has also submitted bids for construction of eight Anti Submarine Warfare Shallow Water Crafts ( ASWSWC ) for the Indian Navy and for four Landing Platform Docks (LPDs). Combined value of these two projects is approximately Rs.28,000 to 30,000 crore. In a significant development our Company was qualified by U. S. Navy as an approved contractor to perform complex repair and alternation services for the U.S. Navy s Seventh Fleet vessels operating in the region and signed the Master Ship Repair Agreement ( MSRA ) with U. S. Navy. Our Company is the first shipyard in India to have received MSRA certification to undertake servicing and repairing works for the vessels of the U. S. Navy (Seventh Fleet).