Navy Awards Lockheed Martin $248 Million Contract
The U.S. Navy has awarded Lockheed Martin Space Systems-Missiles & Space Operations, Sunnyvale, Calif., a $248 million contract for the follow-on production of 12 Trident II D5 Fleet Ballistic Missiles (FBM) and start of the D5 service life extension (LE) program. Production of the missiles will begin in 2002, with an expected delivery to the Navy in 2004. Since serial production began in 1987, the U.S. Navy has purchased 396 TRIDENT II D5 submarine launched ballistic missiles (SLBMs).
Swiber Wins Siazable Offshore Contracts
Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate US$100 million contract for offshore construction work in Southeast Asia; and an approximate US$43 million contract for the charter of a construction vessel that will be deployed to Latin America this year. Work for the US$100 million contract is expected to commence in Q1 2013 with expected completion by Q3 2013
GD Contracted to Develop Advanced Submarine Technologies
General Dynamics Electric Boat has been awarded a $118-million contract by the US Navy for development of advanced submarine technologies General Dynamics Electric Boat has been awarded a $117.8 million contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the modification
Malta Drydocks Loses $7M Conversion Contract
Hebridean Island Cruises has pulled out of a $7 million conversion contract with Malta Drydocks and awarded it to a British yard instead, the Malta company said on Tuesday. Scotland-based Hebridean had already issued a letter of intent in favour of Malta Drydocks for the conversion of a modern ship into an old style classic cruise liner, the Malta firm said. Malta Drydocks did not reveal the name of the U.K. yard or the name of the cruise liner
Dock Landing Ship Inspection, Test, Contract for GD NASSCO
General Dynamics NASSCO gets $104-million contract modification for 'USS Comstock' (LSD 45) modernization. General Dynamics NASSCO has been awarded a $104 million contract modification from the U.S. Navy to renovate and modernize the dock landing ship USS Comstock (LSD 45). General Dynamics NASSCO is a business unit of General Dynamics. General Dynamics NASSCO received funding to begin modifications to USS Comstock (LSD 45) in April 2012 and began performing onboard renovation and
Romanian Yard Close To Contracts
Romanian Black Sea shipyard Santierul Naval Constanta reportedly is close to clinching shipbuilding contracts worth the equivalent of $32 million with two big German companies this year. The yard was expected to sign a contract worth $20 million with Ferrostaal Essen and another $12 million contract with Thyssen-Krupp group. The shipyard, slated for selloff later this year and needing an annual $50 million in contracts to operate properly, has so far secured orders totaling $20 million
NASSCO Awarded $230 Million Contract
National Steel and Shipbuilding Company (NASSCO), was granted a $230 million contract to build its eighth large, medium-speed RoRo vessel per the U.S. Navy's Strategic Sealift Program. The contract wraps-up the 20-vessel LMSR Program that NASSCO has shared with other American shipbuilders. The company now has contracts for 11 vessels, three conversions and eight new constructions. Measuring 950 ft. (289.5 m) and containing 390,000 sq. ft
General Dynamics Bags $19 Mln U.S.Navy Order
General Dynamics Electric Boat has been awarded an $18.9 million contract modification for the continued development of the Virginia Payload Module (VPM). The funds will be used to procure two VPM pre-production setups to support the manufacturing start of the VPM payload tubes. The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines. This modification brings the cumulative value of the overall Virginia-class Lead Yard
Davie Wins Icebreaker Life Extension Work
Davie awarded vessel life extension (VLE) contract for Canadian Coast Guard (CCG) icebreaker vessel Canadian shipbuilder Davie informs it has been awarded a $16 million contract to refit and upgrade the CCGS Henry Larsen, a CCG T1200-Class Icebreaker based in St. John’s, Newfoundland. Medium icebreaker CCGS Henry Larsen is capable of sustained icebreaking and escort operations in the Arctic and Atlantic Region for the winter and summer seasons
Keppel Corp. Units Win $46M in Contracts
Keppel Corporation Limited, through its subsidiaries, wpm contracts worth a total of $46 million from repeat customers. The $23 million contracts for the upgrading and repair of jack-ups, Ensco 51 and Ensco 54 are from ENSCO Offshore Company (ENSCO), with whom Keppel has built two jack-ups in the last four years and carried out numerous repairs. The other $16 million contracts come from Keppel’s subsidiary in Brazil, FELS Setal, and the
Bumi Armada Bags Additional Contract from Lukoil
Bumi Armada Bhd’s wholly-owned unit, Bumi Armada Caspian LLC, has signed a supplementary agreement worth RM576 million (USD 134 million) with Lukoil-Nizhnevolzhskneft LLC (Lukoil) for an additional engineering, procurement, construction and installation (EPCI) scope of work in Russia. Back in December 2013, Bumi Armada had bagged a 10-year, US$262 million contract from Russia’s Lukoil-Nizhnevolzhskneft Ltd.
Aulong Secures Ferry Build Contract
A second high speed passenger ferry contract has been awarded to Aulong Shipbuilding, a joint venture company formed by Austal Limited and Guandong Jianglong Shipbuilding of Zhuhai, China. Aulong has been awarded a A$5.6 million (US$4.4 million) contract to design and build a 35-meter high speed catamaran for Chinese mainland ferry operator, Blue Sea Jet. Announcing the contract in Australia, Austal Chief Executive Officer David Singleton said the company’s strong
EID Wins Portuguese Navy Communications Contract
Cohort company EID has been awarded a contract by the Portuguese Navy for the supply of Integrated Communications systems to the Tejo class coastal patrol vessels. The €4.6 million contract encompasses the supply of radio equipment, ICCS, integration engineering and logistic services. The contract also includes additional supplies for the second batch of the Viana do Castelo Oceanic Patrol Vessels, being built by West Sea shipyards in the North West city of Viana do Castelo.
High-speed Ferry Delivered in the Philippines
A second 30-meter high-speed passenger ferry for the 2Go Group, MV Saint Sariel, has been delivered in the Philippines, shipbuilder Austal Limited announced. Austal was awarded a A$13 million contract for two Incat Crowther designed catamarans in June 2016 and construction of both vessels has been completed at the Austal Philippines shipyard in Balamban, Cebu. Austal chief executive officer, David Singleton
Austal Wins USD 584.2 million US Navy Contract
Australian shipbuilder Austal has won a $584.2 million contract to build a 14th Littoral Combat Ship for the US Navy, Reuters reported. The contract includes associated LCS class services and related material and integrated data environment support, as well as options for the construction of additional LCS, class services and post-delivery availability support, the Pentagon said in a statement.
Corvus Secures $4.9 Mln Credit Facility
Export Development Canada (EDC) has announced the closing of a CAD$6.5 million (US$4.9 million) contract financing credit facility for Corvus Energy Inc., a Richmond, BC-based designer, developer and manufactureer of energy storage systems (ESS) and lithium-ion battery solutions for hybrid and electric marine applications. The financing will allow Corvus to fulfill various export contracts, primarily for hybrid ferries in Europe, EDC said.
L3 to Equip Egyptian Minehunting Vssels
L3 Maritime Systems said it has received an $11 million contract from VSE Corporation to upgrade the Machinery Control Systems (MCS) on two minehunting ships for the Egyptian Navy. These ships were formerly U.S. Navy Osprey-class vessels, and L3 supplied the legacy control systems. L3 Maritime Systems’ MCS solutions provide advanced automation and control of the ships’ propulsion, electrical, ventilation and other systems
Elbit Bags Order to Supply Equipment to Brazil Marine Corps
Elbit Systems announced that it won a $40 million contract from the Brazilian Marines to supply advanced systems for computerization, electronic warfare, radio, and communications. The contract will be performed over a two-year period. The contract calls for the supply of cutting-edge technologies and operational capabilities, including a variety of Battle Management Systems (BMS) applications, C4I systems for artillery
Electric Boat Bags US Submarine Contract
The U.S Navy has awarded General Dynamics Electric Boat a $95.5 million contract modification to continue development of the Common Missile Compartment for the U.S. Navy’s Columbia-class submarine and the Royal Navy’s Dreadnought-class ballistic-missile submarine. The contract modification will enable procurement of 17 missile tubes which will support the manufacture of the Common Missile Compartment.
San Diego Shipyards Getting $383mln to Repair Navy Ships
Three San Diego shipyards - BAE Systems San Diego Ship Repair, Continental Maritime, General Dynamics, and National Steel and Shipbuilding Company - have received a combined $383 million contracts for complex maintenance, repair and modernizations on amphibious ships. Sputnik News quoting the Department of Defense said that the shipyards “are being awarded a combined $383 million,” to modernize the vessels.
Lake Assault to Build 43 Barges for San Antonio
Lake Assault Boats said it has secured a $6.5 million contract to build 43 river barges for the City of San Antonio, Texas. The versatile and reconfigurable craft will become a component of San Antonio’s River Walk experience that connects retail stores, restaurants, office buildings and tourist attractions throughout the city. City officials visited Lake Assault facilities on December 6 and 7 for preproduction meetings
Marine Business Helps Power GD Forward
General Dynamics (NYSE: GD) reported fourth-quarter 2016 earnings from continuing operations of $807 million, a 5.6 percent increase over fourth-quarter 2015, on revenue of $8.2 billion. Diluted earnings per share from continuing operations were $2.62 compared to $2.40 in the year-ago quarter, a 9.2 percent increase. Full-year earnings from continuing operations were $3.1 billion, a 3.3 percent increase from 2015 on revenue of $31.4 billion
BIW: $126m Deal to Modernize DDG 51's
The U.S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $126 million contract extension to manage ongoing post-delivery modernization activities for Arleigh Burke-class (DDG 51) destroyers. The contract extension runs through December, 2017, with options for an additional six months. Bath Iron Works provides Planning Yard services for all Littoral Combat Ships and Arleigh Burke-class destroyers including engineering, design
Austal Wins FRS Ferry Contract
Austal Limited has secured the company’s sixth new commercial vessel order for 2016, with the award of a €15.47 million (circa A$22 million) contract for a high-speed passenger ferry from Förde Reederei Seetouristik (FRS Group) of Germany. The 56 metre catamaran is a new design from Austal’s Australian based design team, adding to their successful portfolio of designs that has seen more than 22 similar-sized vessels constructed for commercial ferry operators around the
$59 mln US Navy Contract for General Dynamics
The U.S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics, a $59 million contract for the continuation of Arleigh Burke-class (DDG 51) Lead Yard Services and Flight III Upgrade design efforts. This contract extends the services for engineering, technical support, special studies and Flight III design work for Arleigh Burke-class ships through December 2017. The Flight III upgrades include a more powerful missile defense radar