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NEWPORT OFFSHORE

Newport News Shipbuilding Notified of Department of Defense Recommendation

Newport News Shipbuilding was notified by the Department of Defense (DOD) of its decision to recommend to the Department of Justice (DOJ) approval of the Northrop Grumman offer to acquire Newport News Shipbuilding and its decision to recommend not approving the merger agreement between Newport News Shipbuilding and General Dynamics. Newport News Shipbuilding was also notified that the DOJ has commenced legal proceedings to prevent the proposed merger between NNS and GD. Newport News Shipbuilding began discussions with Northrop Grumman three weeks ago to determine whether a mutually acceptable transaction between the two companies can be negotiated. Any agreement reached between Newport News Shipbuilding and Northrop Grumman would require the approval of the Newport News Shipbuilding Board of Directors.


Northrop Grumman Newport News Wins $6M Contract

Northrop Grumman Newport News, Newport News, Va., is being awarded a $6m cost-plus-fixed-fee modification under previously awarded contract to exercise an option for FY 08 advance Extended Drydocking Selected Restricted Availability (EDSRA) planning for USS Enterprise (CVN 65). Work will be performed in Newport News, Va., and is expected to be completed by February 2008. Contract funds will expire at the end of the current fiscal year


Dear Bill ...

Following is the full text of the letter submitted to William P. Fricks, Chairman and CEO of Newport News Shipbuilding, from Kent Kresa Chairman, President and CEO, Northrop Grumman Corporation, regarding the proposed takeover of Newport News Shipbuilding. Mr. William P. Fricks Chairman and Chief Executive Officer Newport News Shipbuilding Inc. 4101 Washington Avenue Newport News, VA23607-2770 Dear Bill,


Northrop Grumman Extends NNS Tender Offer

U.S. defense contractor Northrop Grumman Corp. on Thursday said it has extended its tender offer for the outstanding shares of Newport News Shipbuilding, after the Justice Department requested additional information about the takeover. Los Angeles-based Northrop said it extended its tender offer for Newport News, to July 5 at midnight EDT from the previous June 20 deadline. About 861,000 shares of Newport News common stock had been tendered as of midnight June 20, Northrop said.


Northrop Grumman Awarded Contract for Sub Work

Northrop Grumman Corporation announced that it received a contract award for dry docking work on the nuclear-powered submarine USS Minneapolis-St. Paul (SSN 708). The work will be performed at the Newport News sector in Newport News, Va. The contract, valued at approximately $23 million, will include replacement of the tail shaft, removal and overhaul of the main and auxiliary sea valves, inspection and repair of all external and


Northrop Grumman Appoints Reith as Controller for NN Sector

Northrop Grumman Corporation’s Newport News sector has appointed David Reith to the position of controller. In this role, Reith has responsibility for internal systems and process controls for Newport News' accounting and operations finance functions. Reith will report to Linda Leukhardt, vice president of Business Management and chief financial officer for the Newport News sector. "Dave's considerable business and financial management experience will be a significant asset to the Newport


Newport News Receives $34.7M Sub Maintenance Contract

Northrop Grumman Newport News Corporation, Newport News, Va., is being awarded a $34,734,341 fixed-price incentive delivery order under previously awarded indefinite-delivery/indefinite-quantity contract (N00024-04-D-4409) for the Depot Maintenance Period of USS Toledo (SSN 769). Northrop Grumman Newport News will perform advanced planning, design, documentation, engineering, procurement, fabrication and preliminary shipyard


NNS Squabble Seen Settled In Washington

With General Dynamics Corp. and Northrop Grumman Corp. battling for Newport News Shipbuilding Inc. both the Pentagon and Virginia's powerful delegation in Congress are ready to step into the fray over who buys the nuclear-capable contractor. Defense Department officials are likely to weigh the cost benefits of each deal, questioning which combination would lower the price of nuclear-powered vessels for the U.S. Navy.


Northrop Grumman Announce Contract Modification

Northrop Grumman Newport News Shipbuilding and Drydock Co., Newport News, Va., is being awarded a $34,627,909 cost-plus-fixed-fee modification to a previously awarded contract (N00024-00-C-2108) for continued research and design development for the future aircraft carrier program, CVNX. Newport News Shipbuilding will provide all services and material for research studies, design efforts, production planning, further definition of initiatives in order to reduce CVNX-1


Dugan Elected Chair of ASA

The American Shipbuilding Association (ASA) announced that Mr. John F. “Dugan” Shipway, President of Bath Iron Works, Bath, ME, has been elected Chairman of the Board of ASA for calendar years 2009 and 2010. Mr. Matthew J. Mulherin, Sector Vice President and General Manager of Newport News Shipbuilding, Newport News, VA, has been elected as the Association’s Vice Chairman. Dugan Shipway joined Electric Boat in July of 2000 as a Special Assistant to the President and was


US Sens. Kaine and Reed Visit Newport News Shipbuilding

Pictured with U.S. Sens. Tim Kaine and Jack Reed  in front of USS Abraham Lincoln are (left to right) Capt. Karl Thomas, the ship’s commanding officer; Todd West, director, Newport News’ RCOH program; and Chris Miner, Newport News’ vice president of in-service aircraft carrier programs. Photo by Chris Oxley, Huntington Ingalls Industries

Huntington Ingalls Industries (HII) hosted U.S. Sens. Tim Kaine (D-Va.) and Jack Reed (D-R.I.) Tuesday for a tour of the company's Newport News Shipbuilding division. The visit provided the senators an opportunity to meet shipbuilders and see construction progress being made on all programs across


Excellence Award for Liebherr Mining by Balanced Scorecard Institute

Balanced Scorecard Institute Award

For their strong commitment to leadership, strategic management, performance analysis and continuous improvement, Liebherr Mining Equipment Newport News Co. has been awarded the 2014 Award for Excellence by the Balanced Scorecard Institute (BSI)


Newport News Shares Modeling, Simulation Practices

Newport-News-built aircraft carrier USS Theodore Roosevelt (Photo courtesy Huntington Ingalls Industries, by Ricky Thompson)

Huntington Ingalls Industries' (HII) Newport News Shipbuilding division will share modeling and simulation practices used in the design and construction of aircraft carriers and submarines during the MODSIM World Conference this week. The shipyard is among more than 25 organizations sharing best


US Senator John Warner Visits Namesake Submarine at NNS

Warner visit: Photo courtesy of HII

Huntington Ingalls Industries inform that its Newport News Shipbuilding division has hosted a visit by former U.S. Sen. John Warner and ship's sponsor Jeanne Warner today to see the steady progress being made on the Virginia-class fast attack submarine bearing his name.


BOEM Assesses Prospects of Wave Energy off Oregon

As part of President Obama’s Climate Action Plan to create American jobs, cut carbon pollution and develop domestic energy sources, the Bureau of Ocean Energy Management (BOEM) is assessing whether there is competitive interest in wave energy research or development in an area of federal


Major Shipyards Figure in Latest DoD Navy Contracts

USS Pearl Harbor: Photo credit USN

General Dynamics NASSCO, BAE Systems and Huntington Ingalls have been awarded contracts by the US Department of Defense for various activities as follows: General Dynamics National Steel and Shipbuilding Co. is awarded a $62,574,394 modification to previously awarded cost-plus-award-fee


Today in U.S. Naval History: March 5

USS Newport News (CA-148). (U.S. Navy photo)

Today in U.S. Naval History - March 5 1942 - Name "Seabees" and insignia officially authorized 1943 - USS Bogue begins first anti-submarine operations by escort carrier. 1960 - USS Newport News (CA-148) and personnel from Port Lyautey complete emergency relief operatons at Agadir


Huntington Ingalls Awarded Additional Funds For CVN 79 Construction

CVN Modular unit: Image courtesy of HII

Huntington Ingalls Industries informs that its Newport News Shipbuilding division has received a US$1.295 billion extension to a previously awarded construction preparation contract for the aircraft carrier 'John F. Kennedy' (CVN 79). The contract extension enables Newport News to complete an


HII Graduate 137 Shipbuilding Apprentices

Apprentice graduates: Photo courtesy of HII

Huntington Ingalls Industries hosted commencement exercises for the company's Apprentice School at Newport News Shipbuilding. The graduation, held at the Liberty Baptist Church Worship Center in Hampton, celebrated 137 apprentices representing 18 trades and four advanced programs.


Land Joins WHOI as General Counsel, VP for Legal Affairs

Chris Land (Photo: WHOI)

The Woods Hole Oceanographic Institution (WHOI) has appointed Christopher Land to be its General Counsel and Vice President for Legal Affairs. Land assumes his post on March 3.  As general counsel, Land will provide advice, opinions and representation on all areas of law affecting the


NSRP Awards $3.3M for Shipbuilding R&D

The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected four major research and development projects for award, as part of the program's continuing mission to reduce costs associated with U. S. shipbuilding and ship repair


Upcoming HII Apprentice School Graduation

Earlier HII graduates: Photo courtesy of HII

Huntington Ingalls Industries informs it will host commencement exercises for The Apprentice School's graduating class of 2013. Danny Hunley, Newport News Shipbuilding's vice president of operations and Apprentice School graduate, will provide the keynote address on Saturday, 29, February 2014.


Teekay Offshore Buys Towage Firm, Orders New AHTS Vessels

AHTS in ALP Colours: Photo courtesy of Teekay Offshore

Teekay Offshore Partners say they have agreed to acquire ALP Maritime Services B.V. (ALP), a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry. Details as follows:


Siem Offshore in New Offshore Well Intervention Vessels Deal

MODU vessel rendering courtesy of Siem Offshore

Siem Offshore Inc. say they have signed agreements with Helix Energy Solutions Group, Inc. to provide 2 well-intervention vessels which will be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years.


Today in U.S. Naval History: February 4

Enterprise taking shape in slipway #11, Newport News Shipbuilding. (U.S. Navy photo)

Today in U.S. Naval History: February 4 1779 - John Paul Jones takes command of Bonhomme Richard 1959 - Keel laying of USS Enterprise, first nuclear powered aircraft carrier, Newport News, Va. For more information about naval history


 
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