EB Gets $62.3M Navy Deal

Thursday, March 03, 2005
Electric Boat Corp., Groton, Conn., is being awarded a $62,397,116 fixed-price modification to execute an option under previously awarded contract N00024-04-D-4408, for execution of the fiscal year 2005 Dry-Docking Selected Restricted Availability (DSRA) of USS Connecticut (SSN 22). Work will be performed in Groton, Conn., and is expected to be completed by December 2005. Contract funds in the amount of $61,149,174 will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.
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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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