Bath Iron Works has been awarded a Navy contract that could be worth more than $300 million.

The contract calls for the Bath shipbuilder to provide “lead yard services” for the DDG-51 – or Arleigh Burke-class – destroyers. Under the contract awarded Friday, as the lead yard BIW will provide design and technical assistance for the destroyers, regardless of where they are built.

The contract is for $49.8 million the first year and calls for four option years. If all four option years are exercised, the total value of the contract will be $304.8 million, the company said.

Five Arleigh Burke-class destroyers – Thomas Hudner (DDG 116), Daniel Inouye (DDG 118), Carl M. Levin (DDG 120), John Basilone (DDG 122) and Harvey C. Barnum Jr. (DDG 124) – are currently under construction at BIW. The Lyndon B. Johnson (DDG 1002), the third in the Zumwalt class of destroyers, is also under construction in Bath.