Electric Boat Gets $7M Sub Contract

Thursday, September 13, 2007
Electric Boat has won a $7m contact with the Navy for nuclear submarine maintenance. The Navy is calling on Electric Boat Corp., to make repairs and upgrades through July 2008, according to the U.S. Department of Defense. The Supervisor of Shipbuilding, Conversion and Repair, also based in Groton, is the contractor. Electric Boat is a business unit of General Dynamics Corp., which is a defense contractor headquartered in Falls Church, Va. Source: MHT
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Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Transas Simulators Boosts Western Shipping Training Center

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center. The simulator class was

 
 
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