Photo of the Day

Friday, November 11, 2005
A RIM-7 NATO Sea Sparrow surface-to-air missile launches from the nuclear-powered aircraft carrier USS Enterprise (CVN 65) during a missile attack simulation. The RIM-7 Sea Sparrow is a medium-range, rapid-reaction, missile weapon system that provides the capability of destroying hostile aircraft, anti-ship missiles and surface missile platforms. Enterprise and embarked Carrier Air Wing One (CVW-1) are currently underway in the Atlantic Ocean conducting Tailored Ship's Training Availability (TSTA). U.S. Navy photo by Photographer's Mate 3rd Class Milosz Reterski

People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Navy

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and

White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation

Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.

 
 
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