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Manufacturing Lead Times News

28 May 2014

Volvo Penta Reduces Custom Engine Lead Time

Volvo Penta’s new Quickline custom production line is now running full steam, reducing lead times for commercial marine customers with short-fuse requirements for replacement engines. “When commercial boat operators experience a serious engine breakdown, they need action right away to avoid expensive downtime,” said Ron Huibers, president, Volvo Penta of the Americas. “The longer a vessel is down, the more money the operator stands to lose. Introduced in September 2013 at the Volvo Penta manufacturing facility in Gothenburg, Sweden, Quickline runs parallel to the regular production line at the plant. With Quickline, Volvo Penta can produce custom-built…

01 Jul 2011

NASSCO Gets $60M for 3rd MLP Long-Lead Materials

General Dynamics NASSCO announced it has received a $60m contract from the U.S. Navy to purchase long-lead materials for the construction of a third Mobile Landing Platform (MLP) ship. NASSCO is already under contract to build two MLP ships. With this new contract, NASSCO will place orders for the ship’s engines and other components that have significant manufacturing lead times. A contract that fully funds construction of the third MLP ship is expected to be awarded by early next year. General Dynamics NASSCO is a business unit of General Dynamics (NYSE: GD). The MLP is a new class of auxiliary ship for the Navy. Once delivered, MLP ships will join the three Maritime Prepositioning Force squadrons that are strategically located around the world to enable rapid response in a crisis.

17 Dec 2008

NASSCO Awarded $940m - T-AKE Ship

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics (NYSE:GD) , has been awarded a $940m contract from the U.S. Navy for the construction of two T-AKE dry cargo-ammunition ships and to purchase long-lead construction materials for two additional T-AKE ships. Under the contract, NASSCO receives full funding for the construction of USNS Washington Chambers (T-AKE 11) and USNS William McLean (T-AKE 12). Earlier this year, NASSCO received a total of $200m to purchase the long lead materials for these ships. Construction of the Washington Chambers and the William McLean is scheduled to begin in the first and fourth quarters of 2009, respectively.

11 Jun 2008

NASSCO Awarded $100m Contract for Twelfth T-AKE’s Long-Lead Materials

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics, has been awarded a $100 million contract from the U.S. Navy to purchase long-lead materials for the construction of a twelfth T-AKE dry cargo-ammunition ship. NASSCO already is under contract to construct 11 T-AKE ships at its shipyard. Under the contract, NASSCO will place orders for the ship’s engines and other components that have significant manufacturing lead times. A contract that funds construction of T-AKE 12 is expected to be awarded by February 2009. Construction of the ship will begin in the first quarter of 2011, with delivery scheduled to occur in the fourth quarter of 2012. NASSCO has delivered five T-AKE ships to the Navy and is currently building the sixth through ninth ships of the class.

23 Jul 2007

NASSCO Awarded $100m Contract for Tenth T-AKE's Long-Lead Materials

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics , has been awarded a $100m contract from the U.S. Navy to purchase long-lead materials for the construction of a tenth T-AKE dry cargo-ammunition ship. NASSCO already is under contract to construct nine T-AKE ships at its shipyard. Under the contract, NASSCO will place orders for the ship's engines and other components that have significant manufacturing lead times. A contract that funds construction of the ship is expected to be awarded by January 2008. Construction of T-AKE 10 is expected to begin in the first quarter of 2009; delivery to the Navy's Military Sealift Command (MSC) is scheduled for the first quarter of 2011.