Navy Awards Northrop Grumman $90M Contract

Wednesday, November 14, 2007
The U.S. Navy Friday awarded Northrop Grumman Corporation (NYSE:NOC) a $90 million contract modification for transition to production activities leading to the construction of one of the first two Zumwalt-class destroyers. Zumwalt-class destroyers will provide the U.S. Navy multi-mission surface combatants with advanced land attack capability in support of the ground campaign and contribute to naval, joint, or combined battle-space dominance in littoral operations. It will operate as part of a joint maritime fleet, assisting Marine strike forces ashore. DDG 1000's affordable and flexible design, unmatched stealth and precision volume strike make this ship an important asset to the U.S. warfighter. The DDG 1000 class ship displaces approximately 14,564 tons, is 600 feet long, has a beam of 80.7 feet, a navigational draft of 27.6 feet and a ship's crew of 142, including the aviation detachment. Work will be performed at Northrop Grumman Ship Systems sector's Pascagoula, Miss. and Gulfport, Miss. facilities. Northrop Grumman Corporation is a $30 billion global defense and technology company whose 122,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Japan LNG Imports Hit Record Levels

Japan imported record volumes of liquefied natural gas (LNG) and thermal coal in the fiscal year ended in March, as the country's  shutdowns of nuclear stations

Container Ship Delivers First Boxes to Great Lakes Port

The US Coast Guard say that the 'Fortunagracht', a 450-foot Dutch-flagged container ship, has delivered the first-ever load of containerized cargo to the Great Lakes.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Finance

China Shipbuilder Rongsheng in 2013 Revenue Freefall

During the year ended 31, December 2013 China Rongsheng, the largest non-state-owned shipbuilder in the PRC, reports that revenue of the Company was RmB1,343.6 million, a decrease of 83.

InterManager Welcomes New MLC Amendment

InterManager, the international trade association for the ship management industry, says it has welcomed the adoption of new measures to protect seafarers against abandonment.

China's Japanese Ship Detention Linked to Shrine Spat

Japanese Prime Minister Shinzo Abe has sent a ritual offering to the Yasukuni Shrine, seen by critics as a symbol of Japan's past militarism, media reported on Monday,

 
 
Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1054 sec (9 req/sec)