Electric Boat Awarded Contract Modification

Friday, July 28, 2006
Electric Boat Corp., Groton, Conn., is being awarded a $6,300,000 modification to previously awarded contract for procurement of long lead time special hull treatment material in support of USS Texas (SSN 775) post shakedown availability. Work will be performed in Groton, Conn., and is expected to be completed by December 2007. Contract funds will not expire at the end of the current fiscal year. The Supervisor of Shipbuilding, Conversion and Repair, Groton Conn., is the contracting activity.

Contracts

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

J.F. Lehman Acquires Oldenburg's Heavy Equipment Group

J.F. Lehman & Company (JFLCO) informs it has signed a definitive agreement with Oldenburg Group Incorporated to acquire its Heavy Equipment Group, including both its defense and mining business units.

New Crane Orders for Huisman

Huisman has secured new crane contracts with a total value of around 300 million Euro from various major offshore, shipping and wind farm installation contractors: •

 
 
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