LYON SHIPYARD, INC. is a full service ship repair facility with over seventy-seven (77) years
of continuous service to the U.S. Navy and Maritime Industry in the Hampton Roads area.

We are located on seven acres of prime waterfront property on the northern and southern shores of the Eastern Branch of the Elizabeth River just minutes from downtown Norfolk. Our location is convenient to the Chesapeake Bay, Intercoastal Waterway, Atlantic Ocean and
the U.S. Naval Base in Norfolk, which allows us to provide fast and efficient service to our customers.

Our principal business is dry-docking, repair and conversion of vessels up to 400 feet
long and 2,500 long tons. We specialize in pre-engineered conversions including structural, mechanical, electrical and habitability installations and construction. We also make repairs to larger vessels at anchorage, navy and commercial piers and other locations available to us.

Lyon Shipyard currently holds an Agreement for Boat Repair with the U.S. Navy and Master Ship Repair Agreements with the U.S. Coast Guard, the U.S. Army, Military Sealift Command, Maritime Administration and NOAA. Additionally, Lyon Shipyard provides ongoing service
and repairs to numerous local shipping services on an on call basis. Lyon Shipyard meets
and exceeds the Quality Assurance requirements and Material Control Processes of Supship Portsmouth, American Bureau of Shipping and the U.S. Coast Guard.

Our management team consists of 23 highly experienced people with a combined total of over 450 years of shipyard experience. Our management team which consists of the President, Vice President and all Department Heads meet daily to discuss the progress of all jobs, identify any production problems and set priorities for manpower, material status and facilities utilization.

Production Personnel
Lyon Shipyard Inc. employs a relatively stable year round work force of between 115 and 120 employees. Our ability to accomplish a good mix of U.S. Navy and commercial allows us to maintain a very stable work force.

Lyon Shipyard, Inc. maintains a documented quality control system designed and implemented to fulfill the requirements of MIL-I-45208A, Navsea Standard Item 009-04 and all customer specifications as written in contracts and work orders. The purpose of the quality system is to ensure that manufacture and servicing of Lyon Shipyard, Inc. products are planned and performed in a well - defined and controlled environment. The system was designed to be flexible and as such provides for a means to perform productive work for all types of customers including commercial and government. The system and its procedures are regularly reviewed, revised as needed and implemented to provide the required inspections and test to provide a quality product for our customers.

Drug Policy
Lyon Shipyard, Inc. has established a supervisory and employee drug awareness and education program, which concerns itself with the dangers of drug and / or alcohol abuse, the implementation of our company policy, and penalties that may be imposed for violations of this policy. We are adamant in maintaining a Drug Free work environment.