U.S. Navy Shipbuilders & Disaggregated, Dispersed Production
With a lame-duck CNO, a divided Congress and the impending launch of the next Presidential election cycle, America’s naval market is locked into something of a fragile and fearful autopilot, cruising inexorably towards whatever excitement 2024 might bring.Materially, don’t expect much change: The demand for naval platforms will continue to outstrip available funding, meaning there will be little movement or growth in America’s major shipbuilding programs of record. The procurement outlines are already set.
Gilmore Names New CEO. Targets Acquisitions
Gilmore, a U.S.-based flow control solutions provider for the oil and gas industry, has appointed David Nemetz as its new Chief Executive Officer (CEO).The company is a subsidiary of Aberdeen-headquartered Proserv and provides flow control products and equipment for the drilling, downhole, production, and wider industrial sectors.Gilmore said that under Nemetz, who has 25 years' experience in the energy industry, it would actively pursue appropriate business acquisitions that…
Flowserve Inks Deal for Prelude FLNG
Flowserve Corporation (FLS), a provider of flow control products and services for the global infrastructure markets, has entered into a five-year contract with Shell Australia to provide general maintenance services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility, which is producing natural gas from an offshore field in Western Australia.A press release from the American multinational corporation said that it will support Prelude from its recently refurbished Quick Response Center (QRC) in Darwin, the capital of Australia’s Northern Territory.Flowserve QRCs are dedicated maintenance, repair and manufacturing workshop facilities that provide customers with responsive, local support.
Rotork Acquires Masso
Rotork announced it has acquired Masso Ind s.p.a., a manufacturer of shipboard valve remote control systems (VRCS), to enhance its range of flow control products and services for the worldwide marine and offshore industries. Masso VRCS solutions include hydraulic and electro-hydraulic systems that are compatible with most integrated automation systems required for critical safety applications. The Masso product range also includes hydraulic quarter-turn and linear actuators, hydraulic power packs, solenoid cabinets and electro-hydraulic actuators for shipboard applications.
Farris, JA Moody Declare Sales Partnership
Farris Engineering, a business unit of Curtiss-Wright Flow Control, announced it has entered into an agreement with marine valve sales and service company JA Mood,. designating them as the Farris Engineering sales representative to the U.S. Navy and commercial marine markets. JA Moody brings to the agreement more than 50 years of experience in flow control products for naval and commercial marine customers with specialized expertise in Navy and other military-specified valves and valve actuation. With five sales offices located in major port cities along the Pacific, Gulf and Atlantic coasts, JA Moody is strategically positioned to represent Farris products aimed directly to the marine market. “Our agreement with JA.
