SecDef Announces Flag Officer Assignments

Thursday, March 15, 2007
Secretary of Defense Robert M. Gates announced March 13 that the President has made the following nominations: Navy Reserve Rear Adm. (lower half) Albert Garcia III has been nominated for appointment to the grade of rear admiral while serving as deputy commander, First Naval Construction Division, Norfolk. Navy Reserve Rear Adm. (lower half) Gregory A. Timberlake has been nominated for appointment to the grade of rear admiral while serving as deputy fleet surgeon, U. S. Fleet Forces Command, Norfolk. Source: NavNews
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Navy

Ingalls Shipbuilding Begins Fabrication for Aegis Destroyer

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

HII Appoints Brenton as Corporate Director

Huntington Ingalls Industries (HII) announced today that Capt. Kevin Brenton (U.S. Navy, Ret.) has joined the company as corporate director of customer affairs for submarine programs.

EDGE Facility to Develop, Deliver Security Capabilities

Center in Nova Scotia will focus on rapidly delivering new technologies and capabilities to the Royal Canadian Navy as they transition to future fleet.    General

Finance

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

GasLog Closes First Option Vessels Dropdown

GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea,

Brent Holds Above $97, Eyes Worst Quarter Since 2012

Brent crude futures hovered above $97 a barrel on Tuesday, aided by firm U.S. and Chinese data, but the oil benchmark was on track for its deepest quarterly drop

 
 
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