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Sudbury News

31 Jul 2014

Vale Profit Falls Amidst Record Output

Brazilian miner Vale SA posted a sharp decline in profit from the previous quarter as lower iron ore prices undermined record production of the steel-making ingredient. Vale, the world's largest producer of iron ore, reported second-quarter net income of $1.43 billion, down 43 percent on the previous quarter and below the average analyst estimate of $1.89 billion in a Reuters survey. "It was a very challenging environment where the price of our most important product has dropped by 15 percent," Chief Financial Officer Luciano Siani said in a video accompanying results. Net income was more than three times higher than the year-ago quarter, when a one-time foreign exchange charge slashed profit to $424 million.

26 Nov 2012

Latest US DofD Navy Contracts Listed

Contract announcements by U.S. Department of Defense (DofD) updated to 26, November 2012. BAE Systems Mayport, Jacksonville, Fla., is being awarded a $6,880,388 contract to perform maintenance and repair work including hull, machinery, electrical, electronics and piping repairs as required during selected restricted availability onboard the USS Taylor (FFG 50). Work will be performed in Jacksonville, Fla., and is expected to be completed by April 2013. Raytheon Co., Sudbury, Mass., is being awarded a five-year $75,700,000 firm-fixed-price performance based logistics requirements contract to support the AEGIS MK 99 fire control systems and the SPY-1 transmitter items. Contract funds in the amount of $16,143,340 will be obligated at the time of award. Work will be performed in Norfolk, Va.

22 Feb 2010

New Navy Contracts

Raytheon Co., Integrated Defense Systems, Tewksbury, Mass., is being awarded a $27,828,683 not-to-exceed modification to previously awarded contract (N00024-05-C-5346) for common display system (CDS) hardware and software integration with the Integrated Bridge Console and Distributed Control Workstation hardware in support of shipyard hull mechanical and electrical activation. The purpose of this modification is to incorporate the CDS hardware and software integration related changes in support of DDG 1000 program ship activation activities in the 2011 timeframe. These integration efforts represent changes to the current requirements of total ship computing environment software development.

15 Nov 2009

New Navy Contracts

Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded a $6,000,000 modification to previously awarded contract (N00024-08-C-2100) for the accomplishment of the fiscal year 2008 Extended Drydocking Selected Restricted Availability (EDSRA) of USS Enterprise (CVN 65). EDSRAs are similar to overhauls in that they restore the ship, including all subsystems that affect combat capability and safety, to established performance standards. Additionally, an EDSRA provides an opportunity to perform hull inspections, recoating and other maintenance related evolutions below the waterline that cannot be accomplished while the ship is waterborne.

27 Apr 2009

New Navy Contract

Raytheon Co., Integrated Defense Systems, Tewksbury, Mass., is being awarded a $217,000,000 cost plus fixed fee modification to a previously awarded contract (N00024-05-C-5346) for the procurement of two Volume Search Radar (VSR) for the Zumwalt Class Destroyer Program and USS Gerald R. Ford (CVN 78).  Work will be performed in Moorestown, N.J. (95 percent) and Sudbury, Mass. (5 percent), and is to be completed by March 2013.  Contract funds will not expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington, D.C. is the contracting activity.

18 Jan 2002

Raytheon Awarded Contract

Raytheon Systems Co., Defense Systems Segment, Naval & Maritime Systems, Sudbury, Mass., is being awarded a $9,727,011 modification to a previously awarded firm-fixed-price contract to exercise an option for one set of SPY-1D(V) Aegis transmitter group high volt power supplies. Work will be performed in Sudbury, Mass., and Andover, Mass., and is expected to be completed by February 2005. Contract funds will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

14 Nov 2000

Grounded Malaysian Container Ship Is Pulled Free

A Malaysian container ship grounded on Australia's Great Barrier Reef for 12 days with dangerous chemicals aboard was pulled free on Tuesday, state officials said. Four tug boats were used in the operation after two earlier attempts to free the 600 ft. (184-m) Bunga Teratai Satu from the World Heritage-listed reef had failed. Winches on board the ship and connected to anchors on the sea floor were also used. It was reported that there were no immediate signs of pollution. The 21,000-dwt ship would be pulled to deeper water for a hull inspection. Salvage workers used dynamite to blow up part of the reef in a failed bid to free the ship on Sunday. The vessel ran aground on November 2 on Sudbury Reef approximately 30 miles east of Cairns in Australia's tropical north.

09 Nov 2000

Bid To Re-float MISC Ship Fails

A second bid failed on Thursday to refloat a Malaysian ship carrying dangerous chemicals stranded on Australia's Great Barrier Reef but authorities said they would launch a new all-out effort on the weekend, Reuters reported. Queensland state Transport Minister Steve Bredhauer said three ocean-going tugs were unable to pull the 184-metre (600-ft) Bunga Teratai Satu off Sudbury Reef, despite early indications of improved buoyancy at high tide. "It is expected the next refloat operation will take place on the weekend, possibly early on Sunday morning when the tides will be more favorable," he said. An initial bid to move the stranded ship failed on Wednesday.

24 Sep 2007

Raytheon Wins Cost-Type Modification

Raytheon Systems Co., Integrated Defense Systems, Tewksbury, Mass., is being awarded a not to exceed $994,300,000 cost-type modification to previously awarded contract N00024-05-C-5346, for DDG 1000 and DDG 1001 mission system equipment (MSE) production and engineering support services. The MSE is being developed as part of the DDG 1000 ship systems detailed design and integration effort. The MSE includes the following: total ship's computing environment infrastructure; acoustic sensor suite element – including the bow array sensor suite; dual band radar; electro-optic/infrared sensor; ship control system; identification of friend or foe; common array power and cooling systems; electronic module enclosures; and Mark 57 vertical launcher system.

14 Dec 2006

Raytheon Completes DDG 1000 Deckhouse Integration Design

Raytheon Company, which has operations in Marlboro, has completed the Delta Interim Detailed Design Review for the DDG 1000 Integrated Deckhouse and Apertures (IDHA) element, set to be installed on the Navy's next generation multi-mission destroyer. The review took place at Raytheon's Sudbury-based Integrated Defense Systems (IDS) Sensors and Surveillance Center. The IDHA element is responsible for the integration design of apertures antenna arrays for functions such as radars and communications. This requires flush mounting of the arrays on the deckhouse to ensure that the destroyer meets stealth requirements per its duties as a multi-mission vessel.

12 Dec 2006

Raytheon Completes DDG 1000 Deckhouse Integration Design

Review for the DDG 1000 Integrated Deckhouse and Apertures (IDHA) Element. The DDG 1000 is the Navy's next generation multi-mission destroyer. into the DDG 1000 composite deckhouse. be mounted flush on the deckhouse. such an effective multi-mission vessel. design is sufficient to meet those requirements. begin the detailed design phase, moving the program closer to production. begin in mid-2008, after the production readiness review in late-2007.

31 Mar 2003

ISU Warns that Environmental Salvage is Undervalued

Salvage services with environmental objectives are undervalued, according to the International Salvage Union. ISU President Joop Timmermans told some 200 delegates at the March 2003 Fourth International Marine Salvage Conference: “In the ISU’s view, environmental defense – as a function of salvage – is undervalued. The ISU–sponsored conference was held at the London headquarters of the International Maritime Organization (IMO). Joop Timmermans said the salvor’s reward for his traditional role, property recovery, was related to the value of that property. As for any additional value placed on environmental – or public interest – salvage services, the Special Compensation provided under Article 14 of the Salvage Convention is confined, essentially, to the reimbursement of expenses.