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 October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Kemp Succeeds Semple at Wood Group

Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

 
 
Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.1024 sec (10 req/sec)