Modern MFG Services Agrees to Acquire Integrated Maritime Platforms

Wednesday, September 18, 2002
Modern MFG Services, Inc., announces the execution of a formal agreement acquiring Integrated Maritime Platforms International Inc. (Integrated). Integrated becomes a wholly owned subsidiary of Modern MFG Services Inc. The final acquisition agreement was signed by the Presidents of both companies late last night. "We have received many calls from our shareholders in anticipation of the conclusion of this acquisition. I am pleased to report that it is now finalized," says Roger Janssen Modern's President and CEO. "We will now be focusing on the design, development and construction of the Naval Undersea Warfare Combat Vehicle Prototype as requested by the U.S. Navy." The company will also direct its attention to the numerous inquiries from other companies and countries regarding the design of specific craft using the GB Challenger design. The GB-Challenger Class Craft is a high-speed, long-range multi-mission coastal patrol craft with interchangeable mission modules. The available mission modules include military, environmental, fire suppression, personnel and cargo transport to name a few. "The applications for this type of re-configurable craft are enormous," adds Janssen.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Newport International Boat Show Award Winners

Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today the results of this year’s Newport For New ProductsTM (NFNP) Awards.

China Merchant Boosts Efficiency of VLCCs with Jotun HP

China Merchant Energy Shipping Co., Ltd (CMES) will upgrade the antifouling solution on their VLCCs New Builds at Dalian Shipbuilding Industry Co., Ltd. (DSIC)

ESAB Boasts Over a Century of Technological Innovation

September 2014 marks the 110th anniversary of ESAB Welding & Cutting Products. A world leader in welding and cutting technology, with the broadest, most complete

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.0938 sec (11 req/sec)