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Navy Budget

Report: Lockheed Could Lose LCS Contract

Adm. Michael Mullen, the Navy's Chief of Naval Operations, said Thursday that Lockheed Martin Corp. could lose part of its Littoral Combat Ship contract, depending on the results of a pending review, as reported in Business Week. Bethesda, Md.-based Lockheed Martin is on contract to build two ships, dubbed LCS 1 and LCS 3. The first ship is under construction and considerably over budget, which recently prompted the Navy to halt work on LCS 3. The Navy is on course to decide in the next few weeks whether to move to termination or to continue the program for LCS 3 according to reports. The Navy plans to build 55 of the new ships, which are designed to hunt mines, submarines and small enemy boats in coastal waters. The service hasn't yet decided whether it wants to settle on just one design or keep competition through the life of the program. Mullen said shipbuilding is a big priority for the Navy, but new ships need to be affordable. He welcomed comments from lawmakers like Rep. John Murtha, D-Pa., and Rep. Gene Taylor, D-Miss., in support of adding ships to the Navy's budget. But he said it isn't clear exactly how the Navy could bulk up its fleet without disrupting its current shipbuilding plan and budget outlook. For example, Mullen said the Navy believes the best course for its Virginia-class submarines is to build just one vessel per year until 2012


Torpedo and Missile Attack Vessel Launched in Italy

Admiral of the Fleet Sergio Biraghi described the new Torpedo and Missile Attack Vessel – dubbed Andrea Doria – at the launching ceremony as a “ jewel of the most advanced and sophisticated technology which forms an important part of the navy’s fleet renewal program.” The ship was launched at the Riva Trigosa yard in Genoa on October 14, 2005, three years after the first plate was cut. Biraghi said “the plan put into action in the last few years in an extremely decisive manner will make


Shipbuilding Industry Bears Brunt of Cuts in Pentagon Budget

Strained by the demands of a major ground war and a sweeping overhaul of U.S. forces for an uncertain future, the Pentagon faces a severe budget challenge. According to the Providence Journal, while Congress and the Bush administration are working on a very large spending program for the military, the outlay for shipbuilding will be tight -- a prospect that is hurting the industry. The Navy's problem, says one Washington analyst, is not a lack of ships


Builders Prepare To Shape The New Navy

The team of General Dynamics and Lockheed Martin said they strongly support the U.S. Navy's plan for the next generation of surface combatant ships referred to as DD(X). The Blue Team has developed technologies relevant to the DD(X) requirement and is preparing its response to the Navy's request for proposal (RFP). DD(X) will be a technology engine that will drive a family of combatants to transform the Navy. The Navy will use the advanced technology and networking capabilities from DD(X)


UPDATE: Several Injured, Reports of Fatalities in Navy Yard Shooting

An undated file photo of an aerial view of the Washington Navy Yard. (U.S. Navy photo/Released)

WASHINGTON  -- Several people were injured and there are reports of fatalities in a shooting at the Washington Navy Yard Sept. 16. An active shooter was reported inside the Naval Sea Systems Command Headquarters building (Bldg. 197) on the Washington Navy Yard at 8:20 a.m. (Eastern Time). Emergency personnel remain on scene and a "shelter in place" order has been issued for Navy Yard personnel. The Naval Sea Systems Command's headquarters is the work place for about 3


Navy Cuts One Littoral Combat Ship in 2015

 U.S. Navy Aims To Smooth Impact Of Fiscal 2015 Cut To Ship Orders   Add to Collection(Oil)|Print Download:Plain TextXMLAll         WASHINGTON, April 10 (Reuters) - The U.S. Navy hopes to smooth out the impact on Lockheed Martin Corp and Australia's Austal of a budget-driven decision to order three Littoral Combat Ships instead of four in fiscal year 2015, the Navy's top weapons buyer said on Thursday.  


Ship Repair Yards Ask: Where's the Funding?

While much of the focus is trained on Naval new construction, the fact is that repair and maintenance on the existing U.S. Navy fleet has reached condition critical.Cutbacks from the Navy have left many vessels of its 300-member fleet to go without required repairs and maintenance because the money is not budgeted. Yards may however, find some relief at the end of this month, dependent upon whether Congress passes a supplemental bill for additional funding.


CNO Calls Shipbuilding Plan Top Budget Priority

Chief of Naval Operations (CNO) Adm. Mike Mullen talks with Government Executive Magazine Editor Tim Clark, during a leadership breakfast at the National Press Club. The CNO addressed senior leaders from several federal agencies and organizations about the future and transformation of the Navy. U.S. Navy photo by Chief Photographer's Mate Johnny Bivera The Navy’s shipbuilding plan is the key to the fleet’s future and is critical for the joint force, Chief of Naval Operations Adm


Budget Worries Delay U.S. Carrier Group Deployment

US Defense Sec. & Chairman Joint Chiefs of Staff

The Secretary of Defense delays the scheduled deployment of 'USS Harry S. Truman' & 'USS Gettysburg'. The affected ships have begun formally notifying the men and women of the Harry S. Truman Carrier Strike Group (HST CSG) that they will not be deploying. 

"Facing budget uncertainty - including a Continuing Resolution and the looming potential for across-the-board sequestration cuts - the U.S. Navy made this request to the Secretary and he approved


Canada Picks Irving to Build Arctic Patrol Ships

Image courtesy of Irving

Canada has picked Nova Scotia's Irving Shipbuilding Inc to build at least five Arctic patrol ships for the country's navy for C$2.3 billion ($1.9 billion) and has increased the overall program's budget, government officials said on Friday. The total budget for building the ships, part of the government's efforts to exert Canadian sovereignty in the Arctic, has increased by C$400 million to C$3.5 billion, with C$1.2 billion of that to be used for such things as infrastructure, ammunition


SCA: More Naval Vessels Protect Economy, Provide Security

Matthew Paxton, SCA President

Shipbuilders Council: Proposed Budget Enables Naval Forward Presence and Protects U.S. National Security Interests. The Shipbuilders Council of America (SCA) today recognized the House Armed Services Seapower Subcommittee for its robust markup of the 2017 shipbuilding budget


High Speed Support Vessel Delivered to Oman Navy

The 72m High Speed Support Vessel (HSSV) RNOV AL MUBSHIR (S11) during sea trials off Western Australia, March 2016. (Photo: Austal)

RNOV Al Mubshir, the first of two 72-meter High Speed Support Vessels (HSSVs) to be built by Austal Limited for the Royal Navy of Oman under a $124.9 million design, construct and integrated logistics support contract, has been delivered.  


Ivar Aasen Ready for Departure

Topside of Ivar Aasen  Photo Det norske

(Singapore, 22 May 2016) The topside of Ivar Aasen field was  completed on Sunday at the shipyard in Singapore and sailed to Norway shortly. The tire was delivered on budget and on time, which enables field development is on track to start production on December 1.


SCA Applauds Funding for New US Ships

The Senate Appropriations Committee this week acknowledged calls for increasing the Navy’s ship count, funding the construction of 10 new ships, as well as providing the U.S. Coast Guard funding for the acquisition of six total new ships.  


Zukunft Lauds Largest Ever Acquisition Budget

Coast Guard Commandant Adm. Paul Zukunft delivers the 2016 State of the Coast Guard Address (U.S. Coast Guard photo by Petty Officer 2nd Class Patrick Kelley)

 U.S. Coast Guard Commandant Adm. Paul Zukunft delivered the 2016 State of the Coast Guard Address at U.S. Capitol Visitor Center Congressional Auditorium Tuesday. This was Adm. Zukunft’s second State of the Coast Guard Address and he welcomed the opportunity to recognize Service


AWO Hails DHS Subchapter M Approval

Thomas A. Allegretti, AWO President & Chief Executive Officer

Regulations Now in Final Stage of Administration Review. The American Waterways Operators, the national trade association for the tugboat, towboat and barge industry, hailed the Department of Homeland Security’s approval of the U.S. Coast Guard’s rule to establish an inspection


Navy Competes for Resources at Home, against Asymmetric Threats Abroad

Chief of Naval Operations (CNO) Adm. John Richardson speaks at the 28th annual Surface Navy Association Symposium in the Crystal City section of Arlington, Va. (U.S. Navy photo by Mass Communication Specialist 1st Class Jessica Bidwell)

Commanders look forward to LCS in the fleet The U.S. Navy Chief of Naval Operations Adm. Jonathan Richardson recently released his “Design for maintaining maritime superiority.” The document presents Richardson’s priorities with four “lines of effort” to


China Navy Launches First Self-propelled Floating Dock

China's navy has launched its first self-propelled floating dock, giving it the ability to repair warships far from the coast, the official People's Liberation Army Daily said on Tuesday, Beijing's latest move to modernize its navy.  


Indian Budget Proposals for Maritime Sector

Pic: Shipping Corporation of India

 Finance Ministry Arun Jaitley in Union Budget for financial 2016-17 (Apr-Mar) has announced imposition of 14% service tax on services provided by domestic shipping companies transporting goods from outside India.    “The service tax on services provided by shipping


Moore Stephens: UK 2016 Budget to Impact Shipping, Offshore Sectors

Moore Stephens tax partner Gill Smith.

UK Budget 2016 provides surprises for shipping and radical measures for offshore maritime sector. Leading accountant and shipping adviser Moore Stephens says the UK Budget 2016 contains a number of surprise developments which are likely to be of interest to the shipping sector


Canada's Ferry Sector Welcomes 2016 Budget

Serge Buy (Photo: CFOA)

With the release of today’s federal budget, Canada’s ferry sector is praising the actions taken by the government to improve fleet renewal across Canada.  This includes waiving the tariff on the importation of vessels of all sizes and making strategic investments in locations


Senator Wicker Calls For a Stronger U.S. Navy

(Source: http://www.wicker.senate.gov/)

U.S. Senator Roger Wicker, R-Miss., Chairman of the Senate Subcommittee on Seapower, delivered the following opening statement at today’s Subcommittee hearing to review Navy shipbuilding programs in the Defense Authorization Request for Fiscal Year 2017 and the Future Years Defense Program:


Kongsberg Upgrades Software for Norden

Demo screen of the fleet & vessel management system dashboard. (Photo: Kongsberg)

Kongsberg Maritime has delivered new fleet and vessel management functionality through a recent customized software update across Dampskibsselskabet NORDEN A/S’ fleet and shore offices. The software roll-out took place during January 2016 and included updates to vessel and shore based


FinMin Says to Stick to Oil Duty Cuts Plans in 2017

Russia's Finance Ministry will go ahead with plans to lower oil export duties next year if prices do not increase significantly, Deputy Finance Minister Ilya Trunin told reporters on Monday.   Russia had scrapped plans to cut the duty for this year due to lower prices of oil


WCI Applauds Increased FY'17 Funding

The Waterways Council, Inc. (WCI) praised the bipartisan leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Vice Chairwoman Barbara Mikulski (D-MD), and Senate Energy & Water Development (E&WD) Appropriations Subcommittee Chairman Lamar Alexander (R-TN) and






 
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