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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


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.


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 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


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


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


Project Seeks to Increase Energy Efficiency in Offshore Shipping

A project has been established to identify energy efficiency and fuel saving initiatives for the offshore shipping industry.  The partnership involves a collaboration of seven Norwegian offshore shipping companies. The Joint Industry Project is called Energy Efficient Offshore Partners, and consists of: BOA Offshore, Eidesvik Offshore, Farstad Shipping, Gulf Offshore Norge, Havila Shipping, Siem Offshore and Solstad Offshore


Keel Laid for US’ Next Aircraft Carrier

Leon Walston, a Newport News Shipbuilding welder from Massachusetts, displays the welded initials of Caroline Kennedy, the sponsor of the aircraft carrier John F. Kennedy (CVN 79). Also pictured (left to right) are Rear Adm. Earl Yates, the first commanding officer of the aircraft carrier USS John F. Kennedy (CV 67); Newport News Shipbuilding President Matt Mulherin; Virginia Gov. Terry McAuliffe; and Rep. Joseph Kennedy. (Photo by Chris Oxley/HII)

Newport News Shipbuilding celebrates the keel-laying of aircraft carrier John F. Kennedy (CVN 79)   Newport News Shipbuilding, a division of Huntington Ingalls Industries (HII), celebrated the keel laying of the aircraft carrier John F. Kennedy (CVN 79), the second ship of the Gerald R


US Rep. Crenshaw Visits Newport News Shipbuilding

Rep. Ander Crenshaw (second from left) toured Newport News Shipbuilding and was briefed on the construction of Virginia-class submarines (VCS) while visiting the shipyard’s Supplemental Module Outfitting Facility. Also pictured (left to right) are Matt Needy, Newport News’ VCS program director; Scott Whitmore, VCS construction superintendent; and Rob Austin, VCS construction director. (Photo by Chris Oxley/HII)

Shipbuilder Huntington Ingalls Industries (HII) hosted Rep. Ander Crenshaw (R-Fla.) Tuesday for a tour of the company's Newport News Shipbuilding division.   Ken Mahler, Newport News' vice president of Navy programs, joined Crenshaw for the visit


Offshore Operators Can Simplify Safety Equipment Logistics

(Photo: VIKING)

Safety equipment manufacturer VIKING Life-Saving Equipment said its Offshore Safety Agreements are providing relief for offshore operators seeking to ensure compliance for their safety equipment with minimal in-house administrative overheads in a new, cost-focused paradigm.  


Otto Marine Signs Contracts to Supply 2 AHTS Vessels

Photo: Otto Marine Limited

 Go Offshore,  wholly-owned subsidiary of Otto Marine has entered into an agreement for two long-term anchor handling tug supply (AHTS) charter contracts worth USD25.2 million with a large oil and gas company.   The two contracts are in respect of two 16


Newport News Shipbuilding Bags US Navy Submarine Contract

Image: Huntington Ingalls Industries

 The U.S. Navy has given Newport News Shipbuilding a $106 million contract to provide engineering and industrial support for submarines.    Huntington Ingalls Industries, parent company of Newport News Shipbuilding, said the contract will be worth a total of $564 million


1,500 to be Laid Off from Newport News Shipbuilding

Image: Newport News Shipbuilding (NNS)

 Layoffs at Newport News Shipbuilding could top 1,500 from now through 2016 as the company copes with a temporary drop in work, the company president told employees this week.   In a letter to the workforce, President Matt Mulherin said layoffs will exceed 500 people this year


NOIA Applauds RI Offshore Wind Project

Randall Luthi (Photo: NOIA)

National Ocean Industries Association (NOIA) president Randall Luthi issued a statement congratulating “steel in the water” for Deep Water Wind’s Block Island Wind Farm, stating an all-of-the-above strategy combining offshore wind with offshore oil and gas off the U.S


Offshore Wind Shift to Drive Vessel Services Cooperation

Photo courtesy of Seacat Services

Evolving procurement processes for U.K. Round 3 offshore wind farms will require a greater number of work streams, personnel with new and differing skills, and the ability to provide a larger suite of services, according to offshore energy support firm Seacat Services.


CWind Joins National Workboat Association

Photo: CWind

Citing crew transfer services as an integral part of its offering, offshore wind industry service provider CWind announced it is now a member of the National Workboat Association (NWA) of the U.K.   As the offshore wind industry matures and demands on workboat performance increase with


Dogger Bank Wind Development Consents Total 4.8GW

Image: Forewind

Today’s planning approval for offshore wind energy at Dogger Bank takes the total of consented projects in the North Sea zone to 4.8 gigawatts (GW), almost equal to all the offshore wind capacity now in operation in the U.K.   


First US Offshore Wind Workboat Build Underway

Photo: Atlantic Wind Transfers

Atlantic Wind Transfers, Blount Boats and Deepwater Wind welcome key U.S. offshore wind supply chain players to official ribbon cutting ceremony   Atlantic Wind Transfers, the commercial wind support services arm of Rhode Island Fast Ferry


Port of Virginia Cargo Volumes Mount in July

Photo by Virginia Port Authority

 The Port of Virginia handled 226,000 TEUs in July, the highest amount ever recorded for that monthly period in the port''s history.   The Virginia Port Authority, which operates terminals in Portsmouth, Newport News and Norfolk, reported Thursday that 225


HII Awarded US Navy Sub Maintenance Work

The submarine USS Columbus (SSN 762), seen here in the Republic of Korea in 2014, will undergo maintenance and modernization at HII’s Newport News Shipbuilding division. Work is expected to be completed in May 2019. (U.S. Navy photo)

Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has been awarded a $57.8 million contract to perform planning in support of maintenance and modernization efforts on the submarine USS Columbus (SSN 762)


ISS Bags Tanzania's Paragon project

Paragon Offshore’s jack-up rig M826 in position.

  Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years.


Ulstein Verft Launches its Largest Ship to Date

Measuring close to 160 meters in length, Yno 302 is the largest vessel built by Ulstein Verft so far (Photo: Ulstein)

On August25, shipbuilder Ulstein Verft launched from its dock hall a special offshore construction vessel, Yno 302, for Island Offshore and Edison Chouest Offshore.   The newbuild measures close to 160 meters in length with at beam of 30 meters






 
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