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Advance Procurement

Ingalls Awarded USN Contract for 11th LPD 27

USN LPD 27 Class Ship: Photo credit HII

Ingalls to provide long-lead materials for US Navy LPD 27 The US Navy has awarded a million cost-plus-fixed-fee advance procurement modification contract to Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division to provide long-lead materials for the 11th San Antonio-class (LPD 17) amphibious transport dock, LPD 27. The advance procurement contract for LPD 27 is the fourth to be awarded to the company, with the first contract awarded in October 2010. Under the latest $70m contract, Ingalls will provide long-lead-time materials including main engines and diesel generators and other equipment such as electrical switchboards, deck equipment and fire extinguishing systems in support of the new ship. The 684ft-long, 105ft-wide San Diego-class has a displacement capacity of 24,900t, can accommodate 800 troops and is designed to provide combat support for the US Navy and US Marine Corps.


Ingalls Shipbuilding Gets Large Advance Procurement Finance

Ingalls Shipbuilding Awarded US$133.7-million advance procurement contract for Amphibious Transport Dock LPD 27 Huntington Ingalls Industries (NYSE:HII) announce that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials for LPD 27, the 11th amphibious transport dock of the San Antonio (LPD 17) class.


Northrop Grumman Awarded $93.8M Contract Modification

The U.S. Navy exercised a $93.8 million contract modification option to Northrop Grumman Corporation for detail design and the procurement of long-lead-time material on the LHA 6 amphibious assault ship program. This is the first option exercised on the initial contract, awarded in July 2005. With this option, the total contract value has increased to $203.7 million. If all options are exercised, the contract has the potential to reach $264 million.


Electric Boat Gets Sub Funds

Electric Boat Corp., Groton, Conn., is being awarded a $1,503,050,893 modification to its FY04-FY08 Virginia class multi-year contract, which provides funding for FY05 multi-year ship (SSN 780), Advance Procurement (AP) funding for FY06 multi-year ship (SSN 781), and Economic Order Quantity funding for FY06-08 multi-year ships (SSN 781-783). Electric Boat will continue to subcontract with Northrop Grumman's Newport News Shipbuilding. Work will be performed in Groton,


Ingalls Shipbuilding Wins $70m Navy Deal

Huntington Ingalls Industries (NYSE:HII) said its Ingalls Shipbuilding division has received a $70m cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long-lead materials for LPD 27, the 11th amphibious transport dock of the USS San Antonio (LPD 17) class. The funds awarded to Ingalls will be used to purchase long-lead-time materials and major equipment in support of the new ship


Offshore Sector Helps Wrist Ship Supply Grow in 2011

Wrist Ship Supply reported solid growth in market share and turnover following a year of focused consolidation. According to the company, its turnover reached DKK 2,447 million in 2011, an increase of 20% since 2010, and earnings before interest and tax (EBIT) increased by 45% to DKK 21.7 million. The company saw positive development across regional operation areas, particularly Asia-Pacific and Germany. The rapidly growing offshore market represents another area of expansion for Wrist


Navy Awards Electric Boat $16.3M Contract

The U.S. Navy has awarded General Dynamics Electric Boat a $16.3 million contract for planning and material procurement in support of the USS Springfield (SSN-761) depot modernization period (DMP). Under the terms of the contract, Electric Boat will perform advance planning, design, documentation, engineering, procurement, fabrication and preliminary shipyard work in preparation for the DMP, which is scheduled from May 2004 to June 2005. A DMP comprises repairs, alterations,


Navy Awards $14b for 8 Virginia-Class Subs

On Dec. 22, the U.S. Navy reaffirmed the strategic need for a robust, adaptable submarine force by awarding General Dynamics Electric Boat a contract valued at $14b for the construction of eight Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD). The multi-year contract allows Electric Boat and its teammate, Northrop Grumman Shipbuilding, to proceed with the construction of one ship per year in 2009 and 2010


New Navy Contract

Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded an $80,886,408 cost-plus-fixed-fee, level-of-effort contract for fiscal 2010 advance planning to prepare and make ready for the refueling complex overhaul of the USS Abraham Lincoln (CVN 72) and its reactor plants. This effort will provide for all advanced planning, ship checks, design, documentation, engineering, procurement, fabrication, and preliminary shipyard or support facility work


Taking the Guesswork Out of Bunker Procurement

Inatech launches its Optimizer to add smart decision making for fuel purchasing to its cloud-based management solution for the entire fuel procurement process. The company explains that Optimizer helps ship operators take the guesswork out of their fuel purchasing decisions by providing real-time guidance on the three key factors of quantity, location and price strategy-how much fuel to buy for each ship in their fleet


Checchi Named VP at MOL America

MOL (America) Inc. said that Michael Checchi will enter the position of vice president, area operations, where he will lead MOL’s equipment, intermodal services, contract management, and operations administration groups for the United States and Canada


Navy Destroyer Contracts for HII & BIW

DDG 51: Photo credit USN

The Navy has announced two separate contract awards for Fiscal Year (FY) 2014 DDG 51 destroyers to Huntington Ingalls Industries (HII) and to General Dynamics Bath Iron Works (BIW). Details as follows: Huntington Ingalls Industries Is being provided funding of $601,990


Norwegian Seminar to Focus on Financing, Procurement

The challenges of managing efficient procurement  processes and getting the right funding in the shipping and offshore sectors is the topic for a major half day conference in Singapore later this month. Coinciding with the Asia Pacific Maritime (APM) event on March 20


Transas Simulator for City of Glasgow College

Photo courtesy of Transas Marine International

On March 14, Transas Marine and City of Glasgow College signed a contract to supply a simulation complex. The simulation center in the Riverside campus which is under construction, will be one of the largest, the most up to date and most technically advanced simulation suite in the U.K


USS Carter Hall Drydocking Contract for GD NASSCO

USS Carter Hall: Photo USN

In the latest listing of US Department of Defense, Navy contracts, General Dynamics, NASSCO, Norfolk, Va., (formerly Metro Machine Corp.) has been awarded a  $171,961,941 undefinitized contract action as a modification to a previously awarded contract (N00024-09-C-4416) for 'USS Carter Hall'


South Korea Order Second Navy Landing Ship

South Korea's defense procurement agency has signed a contract with Hyundai Heavy Industries to acquire a new next-generation landing ship LST-II, reports Yonhap New Agency. This vessel will be South Korea's second LST-II ship designed to land personnel, tanks and equipment simultaneously


APL to Reorganize Management Structure

Image courtesy of APL

Container ship operators APL says it is to move from the current geographically-organized structure to a functional one. The functions will be in the areas of Trade, Commercial, Operations, Procurement and Planning & Strategy. “The container shipping industry is undergoing profound


Unique System Wins Two-year NPCC Contract

Photo: Unique System FZE

Unique System FZE, a Unique Maritime Group company, an integrated turnkey subsea and offshore solutions provider, has been awarded a two-year service contract by The National Petroleum Construction Company (NPCC). Established in April 1973


Canada Patrol Boat Construction Project Pushes Forward

The Hon. Diane Finley: Photo credit Irving Shipbuilding

The Canadian Government has released funds with a potential value of $53.5 million to Irving Shipbuilding to pay for tasks connected with the construction of the Arctic/Offshore Patrol Ships (AOPS) under Canada’s National Shipbuilding Procurement Strategy (NSPS).


New Canadian Lifeboats: Government Seeks Industry Feedback

Canada Lifeboat design: Image credit Robert Allan Ltd./Canadian Coast Guard)

The Government ministers concerned have announced that the Government of Canada has issued a Request for Information (RFI) to seek industry feedback on the next generation of Coast Guard lifeboats, due to be built as part of the National Shipbuilding Procurement Strategy’s (NSPS) small


Congressman Garamendi Again Fights the Maritime Corner

John Garamendi at the Markup Debate: Vidio Image courtesy of the House

During the House Transportation and Infrastructure Committee’s markup of H.R. 4005, the Coast Guard Reauthorization Bill, Subcommittee Ranking Member Congressman John Garamendi (D-Fairfield, CA) spoke up for American jobs, a revival of the maritime industry


OSI Navigation System for Canadian Navy

OSI Maritime Systems Ltd. (OSI) announced today that it has been selected by Lockheed Martin Canada to support the design activity of the bridge and navigation capabilities for the Royal Canadian Navy’s (RCN) new class of Arctic/Offshore Patrol Ships (AOPS)


OSI to Design Navigating Bridges for RCN Arctic Patrol Ships

Bridge schematic courtesy of OSI

Burnaby, BC - based OSI Maritime Systems (OSI) says it has been selected by Lockheed Martin Canada to support the design activity of the bridge and navigation capabilities for the Royal Canadian Navy’s (RCN) new class of Arctic/Offshore Patrol Ships (AOPS).


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


McDermott Get Big Middle East Offshore Contract

Offshore rig in storm: File Image CCL

McDermott International, Inc. informs that one of its subsidiaries has been awarded a large engineering, procurement, construction and installation (“EPCI”) project by an operator in the Arabian Gulf. The award is included in McDermott’s fourth quarter 2013 backlog


 
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