contract delivery date

Manitowoc had never built a submarine before, but the first was completed 228 days before the contract delivery date.

The first Growlers were deployed to Marine units in January 2009 for field testing, one year beyond the contracted delivery date.

New Mexico completed builder's trials at the end of November 2009 and was delivered on 29 December 2009, four months ahead of the contract delivery date.

But the decline is offset by the value of the commitment the bank holds from the futures buyer to pay $10 million for such bonds on the contract delivery date.