The Heavy Engineering Industries and Shipbuilding Company declared on Monday it received a letter from the American Army affirming that it won a tender for marine constructions works at a value of KD 7.33 million (USD 25.6 million).
The company said in a website statement that the qualification for the tender would be officially declared at a later date.
It was established in 1974 and was listed at the bourse in 1984. With a capital amounting to KD 22 million (USD 74.8 million), the company builds, repairs ships and executes various marine operations.
Source: Kuwait News Agency