Gulf Yards to Split $140m for Repairs

Thursday, January 25, 2007
Six Gulf Coast shipyards damaged by Hurricane Katrina will split 140 (m) million dollars in repair funds from the Navy, reported the AP. Congress appropriated the funds to shipyards that have existing Navy shipbuilding contracts. The August 2005 hurricane caused about one (b) billion dollars in damages to Northrop Grumman shipyards in Gulfport, New Orleans and Pascagoula. The three shipyards currently employ about 17-thousand people, including more than two thousand who commute from southwest Alabama. Others approved for funding include Austal U-S-A and Atlantic Marine, which both operate major shipyards in Mobile. Atlantic, which employs about 650 workers at its two Pinto Island shipyards in Mobile, said its share of the money would be used to repair piers and bulkheads damaged by the hurricane. Austal employs about 800 at its Mobile River shipyard. A spokesman said it sustained minor production delays and wind damage from Katrina. Part of the damage was to a new production shed used to assemble the Littoral Combat Ship for the Navy. The Navy will negotiate with each of the companies to determine how much each will receive. Source: AP
Maritime Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Australia, US Order Anti-ship Missile Decoys

Design of the next generation of anti-ship missile decoys is set to commence following the signing of two contracts between the Australian Defense Force and BAE Systems Australia Pty Ltd.

General Dynamics Bags $ 50 mi Submarine Contracts

General Dynamics Advanced Information Systems, a business unit of General Dynamics was awarded two contract modifications totaling $50 million to continue supporting

Ingalls Shipbuilding Begins Fabrication for Aegis Destroyer

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division today marked the start of fabrication for the future Aegis-guided missile destroyer Paul Ignatius (DDG 117).

 
 
Maritime Contracts Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1084 sec (9 req/sec)