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Armament Systems News

15 Jul 2015

Russia Revives its Black Sea Submarine Fleet

Russia is making moves to revive and increase the size and scope of its Black Sea submarine fleet, the Russian Ministry of Defense stated. Project 636.3 Varshavyanka diesel-electric submarines that will sequentially join the Russian Black Sea Fleet will help revive full-fledged submarine forces in Novorossiysk already next year, Russia’s Navy Commander-in-Chief, Admiral Viktor Chirkov said. He stated during a meeting with the Main Naval Command in Saint Petersburg on Monday that he believes that the submarine fleet will be "revived" and ready for action by 2016. The Russian Black Sea Fleet will have a group of submarines possessing the long-range and autonomous cruising capacity, modern armament systems and effective radio-technical and navigational complexes.

01 Jul 2011

Austal Awarded Construction of JHSV 6 & 7

The U.S. Navy has exercised contract options funding the construction sixth and seventh Joint High Speed Vessel (JHSV), as part of a ten-ship program potentially worth over $1.6b.The construction contract for both vessels is valued at approximately $313m. Austal USA’s President and Chief Operating Officer Joe Rella cited the Mobile shipyard’s continuing growth as a key factor. With options remaining for a further three vessels, the JHSV program is set deliver a predictable revenue stream of US$347.3 million (AUD$330 million) per year from 2012 to 2015. As prime contractor, Austal was awarded the construction contract for the first 103-meter JHSV in November 2008, with options for nine additional vessels between FY09 and FY13.

13 Oct 2010

Austal Awarded Contract for JHSV 4 & 5

Austal received word to move forward with the construction contract for the fourth and fifth vessels of the U.S. Department of Defense’s next generation multi-use platform, the Joint High Speed Vessel (JHSV), as part of a program potentially worth over $1.6b. Austal received funding previously from the Navy, valued at $99,557,548, to acquire long lead-time material, to include diesel engines, water jets and reduction gears, for these two vessels in June 2010. The additional work is valued at approximately $204.6m. As Prime contractor, Austal was awarded the construction contract for the first 103-meter JHSV in November 2008, with options for nine additional vessels expected to be exercised between FY09 and FY13.

27 Sep 2010

JHSV 2: Austal Starts Construction

Less than one year after beginning fabrication of Spearhead (JHSV 1), Austal has commenced construction on Vigilant (JHSV 2), the second of up to ten 103-m Joint High Speed Vessels (JHSV). Austal was selected as prime contractor in November 2008 to design and build the first JHSV, with options for nine additional vessels expected to be exercised between FY09 and FY13. Since then, Austal has received construction contracts for JHSV 1, JHSV 2, and JHSV 3 and Long Lead Time Material contracts for JHSV 4 and JHSV 5.

08 Jun 2010

U.S. Navy Orders Material for JHSV 4 & 5

Photo courtesy Austal

The U.S. Navy has exercised contract options funding Austal’s acquisition of long lead-time equipment associated with the construction of two additional 338 ft Joint High Speed Vessels (JHSV). As the prime contractor, Austal currently has contracts to build the first three JHSVs as part of a 10-vessel program valued at up to $1.6b. The most recent award funds the acquisition of long lead time material for JHSV 4 and 5. Austal was awarded the initial contract to design and build the first 338 ft JHSV in November 2008, with contracts for an additional two vessels awarded in January this year.

09 Mar 2010

Austal USA to Prime LCS Bid

Austal USA and Bath Iron Works (BIW) have agreed to revoke their current teaming arrangement. This strategic decision allows Austal USA to act as prime contractor in the upcoming bid for 10 U.S. Navy Littoral Combat Ships (LCS). The U.S. Navy is expected to award the contract for two LCSs, including options for an additional eight vessels, by the end of US FY10. In the event that Austal USA is awarded the FY10 contract, potentially worth up to $4.8b, it will continue to act as Prime Contractor for future LCS bids. General Dynamics Advanced Information Systems, which is currently the systems integrator in the program, will now subcontract to Austal USA…

28 Jan 2010

Austal Contract for JHSV 2 and 3

Image courtesy Austal

The U.S. Navy has exercised contract options funding the construction of two additional Austal Joint High Speed Vessels (JHSV) – as part of an existing 10-vessel, $1.6b program. Austal previously received US Navy funding for long lead-time material, including diesel engines, water jets and reduction gears, for these two vessels in June 2009. The additional work is valued at approximately $208m. Intended as the U.S. Department of Defense’s next-generation multi-use platform, the two 338 ft high speed vessels will be constructed at Austal’s US facility, located in Mobile, Ala.

18 May 2009

Austal JHSV Initial Critical Design Review

On April 28, 2009, Austal completed the Initial Critical Design Review (ICDR) in its contract with the U.S. Navy for the Joint High Speed Vessel (JHSV). During the ICDR, the Austal team provided a comprehensive summary of the critical areas of the JHSV design for Navy approval to proceed to Final Critical Design Review, the next critical milestone. In November 2008, Austal was awarded the contract to design and build the US Department of Defense’s next generation multi-use platform, the Joint High Speed Vessel (JHSV). As prime contractor, Austal will design and construct the lead 103-meter JHSV, with options for nine additional vessels expected to be exercised between FY09 and FY13.

14 Nov 2008

Austal -US JHSV Contract

Austal has won the contract to design and build the US Department of Defense’s next generation multi-use platform, the Joint High Speed Vessel (JHSV), as part of a program potentially worth over US$1.6 billion. As Prime contractor, Austal will design and construct the first 103-metre JHSV, with options for 9 additional vessels expected to be exercised between FY09 and FY13. Similar to the Austal-built “WestPac Express” operated by the US Marines for the past seven years, the JHSV will be capable of transporting troops and their equipment…

14 Feb 2008

GD to Integrate Ship Mission System for JHSV

Austal USA has selected General Dynamics Advanced Information Systems as the ship mission system integrator for its Joint High Speed Vessel (JHSV). The JHSV will provide the U.S. Navy and the U.S. Army with superior capability to perform intra-theater lift. General Dynamics Advanced Information Systems is a business unit of General Dynamics. General Dynamics Advanced Information Systems will design, integrate and test the ship’s electronic systems including the computing environment, internal and external communication, electronic navigation, aviation and armament systems. Austal USA is one of three shipyards awarded $3 million contracts to develop preliminary designs for the JHSV.

02 May 2002

GD to Purchase Advanced Technical Products

General Dynamics and Advanced Technical Products, Inc. today entered into a definitive agreement for General Dynamics to acquire all 5.89 million outstanding shares of Advanced Technical Products (ATP) for a cash purchase price of $33.50 per share. In addition, General Dynamics would assume approximately $36.2 million of ATP's net debt and retire approximately $16.2 million in ATP stock options, bringing the transaction's value to approximately $250 million. The acquisition would be immediately accretive to General Dynamics' earnings. ATP closed at $28.53 in yesterday's trading. The proposed transaction, unanimously approved by the boards of directors of both companies, is subject to ATP shareholder and regulatory approval and customary closing conditions.

28 Dec 2006

South African Navy Floats New Bid for Frigate

The South African Navy may soon get the green light to buy a fifth patrol corvette, or frigate, after the government's go-ahead for fresh negotiations. Highly placed navy and defence industry sources have revealed that the cabinet has agreed to open negotiations for a fifth ship in the Valour Class MEKO A-200 series, four of which have already been delivered to the country. The ship could cost about R2,5-billion, compared to the R1,5-billion price tags of the first four, due to the recent weakening of the rand and other escalations, including that closed production lines would have to be re-opened. The German-built ships are globally recognized as among the most modern in their class.