Professional Components Ltd News

Budget Battles Bumping Backlogs?

Patrol And Combat Builders Fret About Budget Cuts But See Bright Spots. So far; so good. U.S. companies building patrol and combat craft aren’t happy about federal, state and city budget cuts but say they do see positive, demand-side factors. Much of their overseas business depends on the U.S. Foreign Military Sales program. The FMS, which transfers defense equipment and services to other nations, is retrenching now, however. Here at home, states and municipalities have fewer funds, grants and matching grants to pay for patrol vessels, builders say.

Ocean Craft Introduces New Multi-Mission Hull

Ocean Craft Marine Unveils a New High–Performance, Vessel Interdiction and Boarding Team Delivery Craft. Ocean Craft Marine unveiled their new brand of boats and new high-performance Vessel Interdiction and Boarding-Team Delivery Craft (VI-BTD) last week at the High-Performance Craft Expo (HiPer Craft) 2012 in Norfolk, Virginia. These unique high-performance boats were specially designed for elite law-enforcement and military mariners. “We saw unique opportunities to partner with…