OSI Wins Royal Navy Deal

Thursday, January 08, 2004
Offshore Systems International Ltd. said that its Navigation Systems unit has been selected for a major fleet-wide contract with the Royal Navy. OSI, as part of a successful teaming arrangement with Lockheed Martin UK and Kelvin Hughes Ltd., will begin to deliver ECPINS-M software to the Royal Navy fleet in mid-2004. The initial purchases total approximately CDN $3 million. The total contract value, including long term support and options for auxiliary systems and software development is approximately CDN $17.5 million. "Winning this contract is a significant milestone in the growth of our company," said John Jacobson, President and CEO of OSI. "The Royal Navy's selection has validated years of development work and reinforced our approach to this market. We expect to become the navigation standard used by other navies as the desire for systems inter-operability among allies and the market's widespread move to commercial off-the-shelf components continues to strengthen our position." The contract marks the first major naval procurement of systems built to NATO's WECDIS standard (Warship Electronic Chart Display and Information System). Bill Widner, Acting Group Managing Director, Lockheed Martin UK said, "We are delighted the MoD has selected the Lockheed Martin UK team to provide the Royal Navy with the world's most advanced warship electronic navigation capability. Our WECDIS team combines advanced UK and international technology with proven systems integration and program management skills. Together we will provide the MoD with a solution that is effective, affordable, supportable and low-risk. This win gives us a strong position to exploit the expanding market sector for military navigation equipment on a global scale."

Marine Electronics

Hoppe Marine to Present Smart Shipping Solutions

For decades, Hamburg-based Hoppe Marine has producedĀ onboardĀ measuring and control systems. At SMM 2016 the internationally-positioned family-run company will be

US Coast Guard Announces Final TWIC Rule

The U.S. Coast Guard announced Tuesday the publication of the final rule concerning Transportation Worker Identification Credential (TWIC) reader requirements. The

MN100: Baker, Lyman & Co., Inc.

The Company: A wheelhouse favorite for generations, Baker, Lyman & Co. is the oldest NOAA & Admiralty Chart Agent in the United States. Baker Lyman has been provisioning vessels with nautical charts,

Tanker Trends

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected

Pressure Mounting on VLGCs Rates - Drewry

A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.

Russian Tanker Detained in Malaysia

The Malaysian Maritime Enforcement Agency (MMEA) detained a Russian oil tanker Zolotoi Most along with 25 crew members for anchoring off Tanjung Piai without authorization,

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.0775 sec (13 req/sec)