Database Management News

Trends in asset prices are generally important for vessel owners, banks who lend against them as well as commercial interests who make opportunistic acquisitions in times of depressed asset values. These trends however are for generic vessel types which are generalized from realized data consisting of actual sale and purchase (S&P) activity. We choose three representative vessel size categories from the dry and wet markets respectively and one size category from the Liquefied Petroleum Gas (LPG) markets.

Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division awarded the $142.7 million contract from the U.S. Navy. The contract option is for work on operational and decommissioning U.S. Navy submarines, conversion submarines, special mission submersibles, submarine support facilities and related programs. NNS is the prime contractor for the work, which will include engineering, design, configuration management, integrated logistic support, database management, research and development, modernization and industrial support. Work is expected to begin immediately and continue through September 2013. "No one will take better care of these products than we will," said Jennifer Boykin, NNS' vice president, engineering and design. NNS is one of only two U.S.

IBM contracted by Daewoo Shipbuilding & Marine Engineering (DSME) to revamp its IT infrastructure. DSME), one of the world's largest shipbuilding and offshore companies, has engaged IBM to build a stronger and more resilient IT environment around IBM's advanced storage systems to help the company better manage its Big Data challenges. "With a vision of becoming the top general heavy industry group in the world, DSME aims to drive business transformation and innovation for continued growth," said Seung uk So, Leader of the DSME IT Planning Group. "We look at IT as a strategic imperative for our business aspirations and wanted to work with a service provider that shares our vision and passion.

Huntington Ingalls Industries, Inc., Newport News, Va., is being awarded a $9,707,686 modification to previously awarded contract (N00024-10-C-2102) for engineering, technical, design, configuration management, integrated logistics support, database management support of new construction and conversion/special mission submersibles, and submarine support facilities.  Contract funds in the amount of $1,063,182 are obligated at time of award.  Work will be performed in Newport News, Va., and is expected to be completed September 2012.  Contract funds will not expire at the end of the current fiscal year.  Naval Sea Systems Command, Washington, D.C., is the contracting activity.

Huntington Ingalls Inc., Newport News, Va., is being awarded a $118,977,769 modification under a previously awarded contract (N00024-10-C-2102) for engineering, technical, design, configuration management, integrated logistics support, database management, research and development, modernization, trade, and industrial support for nuclear submarines, submarine classes Los Angeles, Seawolf, Virginia, Ohio SSBN, and Ohio SSGN, special mission submersible interfaces, submarine support facilities, as well as Foreign Military Sales programs.. Contract funds in the amount of $260,000 will be obligated at this time. Work will be performed in Newport News, Va., and is expected to be completed by September 2012.

Huntington Ingalls Inc., formerly Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded a $8,779,436 modification under previously awarded contract (N00024-10-C-2102) for engineering, technical, design, configuration management, integrated logistics support, database management support of new construction and conversion/special mission submersibles, and submarine support facilities.  Work will be performed in Newport News, Va., and is expected to be completed by September 2011.  Contract funds will not expire at the end of the current fiscal year.  This contract was not competitively procured.  The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

Northrop Grumman Corporation (NYSE:NOC) has been awarded a cost plus fixed fee contract option valued at $102.7m from the U.S. Navy for work on Los Angeles-class, Seawolf-class, Virginia-class and Ohio-class submarines, special mission submersible interfaces, submarine support facilities and related programs. The company's Shipbuilding sector in Newport News, Va. is the prime contractor and will provide engineering, design, configuration management, integrated logistic support, database management and modernization support. Work is expected to begin immediately and continue into 2011.

Seaward Marine Services, Inc., Fairfax, Va., was awarded a $9,096,597 modification to previously awarded contract (N00024-09-D-4219) on Nov. 13, 2009, for waterborne hull cleaning and associated services to support the director of ocean engineering, supervisor of salvage and diving. The primary purpose of this contract is to provide hull cleaning, hull inspection and other related ship husbandry services on the underwater portion of Navy, Coast Guard, Army and Military Sealift Command ships and craft. Work will be performed in Norfolk, Va. (54 percent); Mayport, Fla. (24 percent); Ingleside, Texas (17 percent); and New London, Conn. (5 percent). Work is expected to be completed by August 2010. The Naval Sea Systems Command, Patuxent River, Md., is the contracting activity.

The Pearl Harbor-based guided missile cruiser USS Chosin (CG 65) returned to sea for sea trials June 26 to test and validate modifications and newly installed equipment. Her recently completed extended drydocking ship's restricted availability (EDSRA), valued at more than $25 million, was a 232-calendar day overhaul that included modifications to equipment involving every department aboard the ship. Battlegroup. subcontractors. weapons control system (ATWCS) upgrade and an electric galley modification. The hull girder modification, which enhances the ship's survivability during prolonged navigation under extreme weather and sea conditions, was the most extensive undertaking. the vicinity of the forward superstructure. elements while the contractor performed the modifications.

Autoship Systems Corp. (ASC) has initiated a new 'total system' approach to CAD/CAM software for shipyards, aiming to eliminate what it terms the most expensive CAD/CAM inefficiencies within the design-to-manufacture process: data exchange and interface discontinuities between specialized products (and the additional training and maintenance costs that result). ASC sought to achieve these goals through designed interoperability, with the overall system bringing a shipyard's major design and construction phases into the same data chain, and the interface remains familiar through each stage of the process. Autoship's total solution includes five ASC products and software options from two partnered companies. Autostructure performs internal structural modeling tasks.

Northrop Grumman Newport News Shipbuilding, Newport News, Va., is being awarded a $71,452,262 cost-plus-fixed-fee modification under previously awarded contract (N00024-06-C-2105) for planning yard, design, configuration management and logistics support for new construction, operational, conversion and decommissioning submarines, and modernization support for operational and decommissioning submarines. The contract will provide for engineering, technical and design support, configuration management support, Integrated Logistics Support (ILS), and database management support for new construction. This effort will support SSN 688, Seawolf, Virginia, SSBN, Trident-UK, and SSGN Class submarines. This modification combines support of the U.S.

The U.S. Department of the Interior's Minerals Management Service awarded a $47 million, seven-year contract to Andersen Consulting to develop, install and operate an integrated financial system that will improve the Federal government's Royalty Management Program (RMP). With the signing of this contract, MMS fully enters the implementation phase of its reengineering initiative, which was spurred by aging computer systems, changing energy markets, and the need to place its business enterprise on business cycles and processes that better align with industry and financial institutions. The RMP, which is charged with collecting, accounting for and distributing billions of dollars in revenues associated with minerals activity on Federal and American Indian lands…

The U.S. Department of the Interior's Minerals Management Service awarded a $47 million, seven-year contract to Andersen Consulting to develop, install and operate an integrated financial system that will improve the Federal government's Royalty Management Program (RMP). With the signing of this contract, MMS fully enters the implementation phase of its reengineering initiative, which was spurred by aging computer systems, changing energy markets, and the need to place its business enterprise on business cycles and processes that better align with industry and financial institutions. The RMP, which is charged with collecting, accounting for and distributing billions of dollars in revenues associated with minerals activity on Federal and American Indian lands…