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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


Navy’s Shipbuilding Budget Increased

The Navy will enjoy its biggest shipbuilding budget surge since the end of the Cold War — including money to speed production of submarines — under a $459.3b defense spending bill that President Bush recently signed into law. The Pentagon spending bill for the fiscal year that began Oct. 1 totals slightly less than Mr. Bush sought but it raises military pay and health benefits plus spending for the National Guard and reserves beyond what he requested. The bill also represents a hike of 9


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


Babcock Wins Small Boat Fleet Support Contract

Babcock has begun work under the recently awarded contract from the UK Ministry of Defence (MoD) to provide repair and maintenance to small boats used by the Royal Navy, Royal Marines, British Army and MoD Police,. Babcock is one of the companies appointed by the MoD Commercially Supported


Crowley Helps Launch USS Montgomery

Photo courtesy of Crowley

Crowley Maritime Corp.’s ocean class tugboat Ocean Sky and heavy lift barge 455-4, managed by the company’s Houston-based solutions group, a project management organization, provided support to shipbuilder Austal USA during the launch of the newly built U.S


Navy CNO Sets Out Annual 'Navigation Plan'

Adm. Jonathan Greenert: Photo USN

The Navy's top leader has released a detailed plan that highlights the U.S. Navy's intended track and investments for the next 5 fiscal years, informs Chief of Naval Operations Public Affairs. Chief of Naval Operations (CNO) Adm. Jonathan Greenert's 2015-2019 Navigation Plan defines how the


Trelleborg Report Optimistic for Port Investment

Barometer Report 4: Image Trelleborg

The latest 'Barometer Report' from Trelleborg's marine operations business sector, discusses the issues impacting ports and terminals around the globe, and reveals the most optimistic outlook on investment since the annual industry survey began in 2010


US Navy Build Programs Face Budget Pressure

(U.S. Navy photo by Shelby F. W. West/Released)

Ship construction programs move ahead, but it’s not smooth sailing. Navies and Coast Guards everywhere face budgetary pressure, even in the U.S. which has the largest Navy in the world. The balance between desire for capacity and capability and pressure for affordability has never been


Bollinger Delivers 10th FRC to the USCG

Bollinger delivered the 10th Fast Response Cutter, Raymond Evans, to the U.S. Coast Guard on June 25, 2014. (Photo courtesy of Bollinger)

Bollinger Shipyards, Inc. has delivered the Raymond Evans, the 10th Fast Response Cutter (FRC) to the United States Coast Guard (USCG). The announcement was made by Bollinger President, Chris Bollinger: “We are extremely proud to announce the delivery of the Raymond Evans


US Dredging Needs Growth as Army Corps’ Budget Shrinks

USACE photo: NY/NJ Harbor dredging action.

Spend dollars up on dredging, cubic yards moved down. Combined with a reduction in the USACE federal budget, the situation threatens a perfect storm for domestic requirements. U.S. dredging this decade, measured in cubic yards, is only half as active as it was in the early 1960s


High Expectations from India's Union Budget - 10th July

  India awaits with heightened expectations for the Union Budget to be announced on 10th July, 2014  by the New government headed by Narendra Modi who is considered to have a very progressive outlook and set on bringing in rapid development in the country.


Ivory Coast Increases Budget on Higher Cocoa, Gas, Port Revenues

Ivory Coast has increased its 2014 budget by nearly 4 percent on expectations of higher earnings from cocoa, natural gas and the country's ports, a government spokesman announced on Wednesday. Ivory Coast, the world's top cocoa grower and French-speaking West Africa's largest economy


Navy Explains FY-15 30-Year Shipbuilding Plan

Navy explains shipbuilding plan: Photo USN

The US Navy informs that it has delivered to Congress its annual long-range plan for the construction of naval combatant and support vessels for fiscal year 2015 (FY15) in summary as follows: "Commonly referred to as the 30-year shipbuilding plan


Harbor Commission Approves Port Budget - Long Beach

Capital improvement projects move ahead with $579 million in funding for Long Beach Port

  The Long Beach Board of Harbor Commissioners on Monday, July 14, approved an $858 million budget for the Port of Long Beach in the upcoming fiscal year, with two-thirds of the spending set aside for a robust building and modernization program.


House Subcommittee Hearing Highlights “Dismal State” of U.S. Icebreaking Capability

Craig H. Allen, Sr.

At the July 23, 2014, hearing of the House Subcommittee on Coast Guard and Maritime Transportation on “Implementing U.S. Policy in the Arctic” the committee chairman, Rep. Duncan Hunter (R-CA), opened the proceedings by holding up a graphic of the icebreaker fleets of the


Iraq's Kurds Have Right to Sell Oil While Squeezed by Baghdad

Iraq's Kurdish region has the right to keep selling oil as long as the Baghdad government keeps cutting its budget, the head of the Kurdish parliament's energy committee said on Tuesday, as an oil cargo off Texas was set to be seized at Baghdad's request.


Hellfire Missile Firing a First for New Navy Helicopters

Helicopters successfully fired its Hellfire Missile

  The Royal Australian Navy’s newest maritime combat helicopter, the MH-60R Seahawk ‘Romeo’, has successfully fired its first ‘Hellfire’ missile in the United States. The AGM-114 Hellfire air-to-surface missile was fired by Navy’s 725 Squadron from


Keppel Delivers World’s Largest Jackup Rig to Maersk

XL Enhanced Jack-ups

  Keppel FELS Limited has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, on budget and seven days ahead of schedule. The rig, which will be named at a ceremony in Norway in October 2014






 
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