Marine Link
Tuesday, October 24, 2017

Litton Ship Systems News

Litton Integrates Marine Ops In New Company

The consolidation of marine industry assets in the United States has taken a rather unique twist, as Litton Industrys – with a strategy of becoming the marine industry's full-service leader – announced the formation of a new company, the Litton Ship Systems Full Service Center (LSS FSC). Litton, which for years has been amassing an impressive arsenal of marine equipment builders and suppliers from around the globe, formed LSS FSC to operate as a stand-alone business within the existing Litton Ship Systems (LSS) organization, with headquarters in Pascagoula, Miss. LSS FSC will provide its customers a full range of research and development, design analysis and life cycle support services.

Litton Integrates Marine Ops In New Company

The consolidation of marine industry assets in the U.S. has taken a rather unique twist, as Litton Industries — with a strategy of becoming the marine industry's full-service leader — announced the formation of a new company, the Litton Ship Systems Full Service Center (LSS FSC). Litton, which for years has been amassing an impressive arsenal of marine equipment builders and suppliers from around the globe, formed LSS FSC to operate as a stand-alone business within the existing Litton Ship Systems (LSS) organization, with headquarters in Pascagoula, Miss. LSS FSC will provide its customers a full range of research and development, design analysis and life cycle support services.

Litton Names Graham VP

Litton Industries promoted Dr. Clark "Corky" Graham to the newly established position of vice president, resource utilization and productivity improvement of Litton Ship Systems (LSS), Graham will be responsible for developing and implementing the plan to optimize the utilization of the combined resources of LSS to achieve the highest levels of efficiency from its facilities, processes and human resources. Graham previously served as president of Litton Marine Systems, which has headquarters in Charlottesville, Va. He reports to LSS senior vice president William P. "Pat" Keene. Prior to joining Litton, Graham served the U.S. Navy with distinction for more than 30 years and held senior positions…

Litton, SeaAmerica Sign Agreement On Cruise Ship Program

Litton Ship Systems' Ingalls Shipbuilding division, has signed a Memorandum of Agreement (MOA) with SeaAmerica Cruise Lines, Inc. to develop a ship design leading to contract negotiations for the construction of two 42,000-ton, 1,000 passenger cruise ships. The program will include options for two additional ships. Construction of the cruise ships will utilize both of Litton Ship Systems' production facilities - Litton Ingalls Shipbuilding in Pascagoula and Litton Avondale Industries in metro New Orleans, Louisiana, and maximize the resources and experience of both shipyards to achieve operating synergies. "SeaAmerica anticipates receiving MARAD Title XI financing for our new program,'' said David W. Turner, SeaAmerica chairman and chief executive officer.

Pascagoula ... World’s Burgeoning Cruise Capitol?

Litton Ship Systems' Ingalls Shipbuilding division, located in Pascagoula, Mississippi, has signed a Memorandum of Agreement (MOA) with SeaAmerica Cruise Lines, Inc., based in Hollywood, Fla. Under the MOA, Litton and SeaAmerica will develop a ship design leading to contract negotiations for the construction of two 42,000-ton, 1,000 passenger cruise ships. The program will include options for two additional ships. Construction of the cruise vessels would utilize both of Litton Ship Systems' production facilities — Litton Ingalls Shipbuilding in Pascagoula and Litton Avondale Industries in metro New Orleans, La., and maximizing the resources and experience of both shipyards to achieve operating synergies.

Litton Announces Completion of Avondale Acquisition

Litton Industries, Inc. announced the completion of its acquisition of Avondale Industries, Inc. for $39.50 per share in an all cash transaction valued at approximately $529 million in the aggregate. Avondale, based in New Orleans, designs, builds and overhauls ships for the U.S. Navy, the USCG and commercial customers. Avondale had revenues of approximately $750 million for the year ended December 31, 1998, and employs almost 6,000 people. "We are delighted to welcome Avondale and its employees to Litton," said Michael R. Brown, Litton chairman, president and CEO. "The merger with Avondale significantly broadens Litton's market coverage in both military surface combatants and commercial ships.

St. Pé Wins Man of the Year Management Award

The Maritime Port Council of Greater New York and Vicinity has jointly honored Philip Calian, CEO of American Classic Voyages Co. (AMCV), and Jerry St. Pé, COO of Litton Ship Systems, with the Council's Man of the Year Management Award for 1999. Calian and St. Pé were recognized for their roles in returning the construction of major, ocean-going passenger ships back to the U.S. Litton Ingalls Shipbuilding, Pascagoula, Miss., is building two 1,900-passenger state-of-the-art cruise ships for AMCV in the Project America program, with an option for a third vessel. The new cruise ships will sail under AMCV's new brand United States Lines, one of the most storied names in the history of ocean-going passenger transportation. The program has a total potential value of $1.4 billion.

Litton Awarded $105.5M Contract

Litton's Ingalls Shipbuilding won the U.S. Navy contract modification valued at $105.5 million for initial funding of the ongoing repair and restoration of the Aegis guided missile destroyer USS COLE (DDG 67). The USS COLE was damaged in an October 12, 2000 terrorist attack in Aden, Yemen. In November 2000, Litton Ingalls was selected by the U.S. Navy to repair USS COLE, which arrived at the Litton shipyard in mid-December last year. Litton Ingalls has been working under a letter contract that covered a damage assessment as well as work required to return the ship to an on-land production area at Litton Ingalls for the repair and restoration project. Additional modifications to the contract are subject to a full damage assessment and changes in the scope of the restoration work.

Bossier Retires, Kitchen Takes Avondale Helm

Litton Industries announced that Thomas M. "Tom" Kitchen, a member of the Litton Avondale Industries management team, has been named president of Avondale to succeed Albert Bossier, age 67, who is retiring Nov. 1, 1999, after 42 years of service to Avondale. "Tom Kitchen has played an integral role in the overall success of Avondale since joining the company in 1977," said Jerry St. Pe, Litton executive vice president and COO of Litton Ship Systems (LSS). Kitchen, age 51, joined Avondale in 1977 as an assistant controller. He has advanced through a series of assignments, culminating in his current duties as vice president and CFO. A New Orleans native, he holds a bachelor of science degree in accounting and master of business administration degree from the University of New Orleans.

Ingalls Selects Joiner Team For AMCV Ships

Ingalls Shipbuilding, a division of Litton Ship Systems has selected Hopeman Brothers Marine Interiors and Jamestown Metal as the joiner subcontractors for American Classic Voyages' (AMCV's) United States Lines newbuilds. The shared subcontract is valued at more than $200 million. The two companies, who in the past have been head-to-head competitors have teamed up to construct all cabins, as well as all public spaces onboard each of the 72,000-grt, 1,900-passenger vessels, which are currently being constructed at Litton's Pascagoula, Miss. yard. The cruise vessels, which are the first to be built on U.S. soil in more than 40 years, will offer excursions to the U.S. Hawaiian Islands beginning in 2003. With fabrication on the first U.S.

Litton Awarded $477.7M Contract

Litton Avondale Industries, a division of Litton Industries, has been awarded a $477.7 million contract by the U.S. Navy for the construction of an additional ship in the Navy's newest class of amphibious assault ships. The cost reimbursable contract is for the construction of LPD 20, the fourth ship in a planned 12-ship program. The follow-on eight ships in the LPD 17 San Antonio Class program will be awarded over the next four years. As prime contractor for the LPD 17 program, Litton Avondale leads a team comprised of Bath Iron Works, Raytheon Electronic Systems and Intergraph Corporation. Design of the lead ship of the class is underway at Litton Avondale with actual production scheduled to begin this summer.

Litton Awarded $477.7M Contract

Litton Avondale Industries, a division of Litton Industries, has been awarded a $477.7 million contract by the U.S. Navy for the construction of an additional ship in the Navy's newest class of amphibious assault ships. The cost reimbursable contract is for the construction of LPD 20, the fourth ship in a planned 12-ship program. The follow-on eight ships in the LPD 17 San Antonio Class program will be awarded over the next four years. As prime contractor for the LPD 17 program, Litton Avondale leads a team comprised of Bath Iron Works, Raytheon Electronic Systems and Intergraph Corporation. Design of the lead ship of the class is underway at Litton Avondale with actual production scheduled to begin this summer.

Navy Awards Litton $338M Contract

Litton Industries announced that its Ingalls Shipbuilding division has been awarded a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis guided missile destroyer for the United States Navy. The contract, awarded late last Friday, represents the funding for a Fiscal Year 2001 ship included in a multi-year contract awarded to Litton Ingalls in March 1998. With the award of DDG 100, Litton Ingalls has been awarded contracts to build 24 Aegis destroyers, of which 13 ships have been delivered. A 14th ship, USS LASSEN (DDG 82), completed successful initial predelivery sea trials last month and will be commissioned in mid-2001. The Navy plans a total of 57 ships in the DDG 51 program, of which 51 have now been procured.

USN Awards Litton $338.2M Contract

Litton Ingalls Shipbuilding won a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis guided missile destroyer for the United States Navy. The contract, awarded late last Friday, represents the funding for a Fiscal Year 2001 ship included in a multi-year contract awarded to Litton Ingalls in March 1998. With the award of DDG 100, Litton Ingalls has been awarded contracts to build 24 Aegis destroyers, of which 13 ships have been delivered. A 14th ship, USS LASSEN (DDG 82), completed successful initial predelivery sea trials last month and will be commissioned in mid-2001. The Navy plans a total of 57 ships in the DDG 51 program, of which 51 have now been procured.

U.S. Navy Awards Litton $338.2 Million Shipbuilding Contract

Litton Industries' Ingalls Shipbuilding division has been awarded a $338.2 million contract to build DDG 100, an additional DDG 51 Class Aegis guided missile destroyer for the United States Navy. The contract represents the funding for a Fiscal Year 2001 ship included in a multi-year contract awarded to Litton Ingalls in March 1998. With the award of DDG 100, Litton Ingalls has been awarded contracts to build 24 Aegis destroyers, of which 13 ships have been delivered. A 14th ship, USS Lassen (DDG 82), completed successful initial predelivery sea trials last month, and will be commissioned in mid-2001. The Navy plans a total of 57 ships in the DDG 51 program, of which 51 have now been procured.

KCI Konecranes To Supply To Ingalls

KCI Konecranes VLC Corporation was granted the contract to provide one of the world's largest cranes to Ingalls Shipbuilding, a division of Litton Ship Systems. Known as Goliath, because of its unusually large size, the crane is one of fewer than 100 worldwide. The 660-ton capacity crane will allow Ingalls to assemble sections of ships that are triple the size than previous, thus utilizing dock space more efficiently. Resembling a giant sawhorse at 329 ft. (100 m) tall, the crane spans 411 ft. (125.2 m) and employs 96 wheels to travel down a delineated runway. Goliath also holds two trollies, dual self-controlled diesel power plants, and boasts AC variable frequency controls with built-in programmable logic.

Kvaerner Appoints Smith VP Business Development

In another significant executive move at its Philadelphia shipyard, Kvaerner announced the appointment of Brian M Smith, as Vice President, Business Development. Until recently, British born Brian Smith held a similar position with Litton Ship Systems, in New Orleans, where he since 1996 has been employed as Director - Business Development/ Strategic Planning. He will take up his position with Kvaerner in Philadelphia during mid November. Smith is a well-established figure within the American commercial shipbuilding market. Prior to his joining Avondale in 1996, Mr. Smith worked extensively in the marketing, strategic planning and business development area, much of it within the maritime industry.

Editor's Note

The annual parade of Great Ships in our December edition includes a roster of unique vessels, from the record-setting heavy lift ships Black Marlin and Blue Marlin, to Vasco da Gama, the world’s largest trailing suction hopper dredger. And while these ships — plus the Marine Innovations feature starting on page 38 — help to highlight the industry’s many triumphs over the past 12 months, there are a full-plate of technical and non-technical issues, which will keep the marine industry challenged for many years to come. The complex matter of ship casualties — the causes, environmental ramifications and potential solutions — is now a top-agenda item of many organizations both inside and out of the marine world.

Litton Reports Good 3Q Results

Litton Industries, after seeing its shares drop more than 60 percent over the past 12 months (see chart, page 2), caught in a bearish defense industry down draft, reported great third quarter results last week. Litton Industries reported that diluted earnings per share rose 23% to $1.35 for the third quarter, compared with diluted earnings per share of $1.10 for the third quarter of fiscal 1999. Excluding a one-time gain on sale of businesses, third quarter diluted earnings per share increased 21% to $1.33. Net earnings for the third quarter were $61.8 million versus $50.9 million for the same period last year. Revenue for the third quarter increased 11% to $1.4 billion, compared with $1.26 billion for the comparable period of the prior year.

Litton Reports FY2000 Third Quarter Results

Litton Industries, Inc. recently reported results for the third fiscal quarter ended April 30, 2000. Diluted earnings per share rose 23% to $1.35 for the third quarter, compared with diluted earnings per share of $1.10 for the third quarter of fiscal 1999. Excluding a one-time gain on sale of businesses, third quarter diluted earnings per share increased 21% to $1.33. Net earnings for the third quarter were $61.8 million versus $50.9 million for the same period last year. Revenue for the third quarter increased 11% to $1.4 billion, compared with $1.26 billion for the comparable period of the prior year. Revenue for the first nine months of fiscal 2000 was $4.1 billion, a 15% increase over the first nine months of fiscal 1999.

Northrop Grumman to Acquire Litton Industries for $5.1B

In a move which effectively creates a defense and marine naval construction giant, Northrop Grumman Corp. and Litton Industries jointly announced late last month that they have signed a definitive agreement under which Northrop Grumman will acquire for cash all of the outstanding shares of Litton for $80 per common share and $35 per Series B Preferred share. The transaction is valued at approximately $5.1 billion, which includes the assumption of Litton's $1.3 billion in net debt. Litton is a leading supplier of advanced electronics and information systems to the U.S. government and international customers and is the premier designer and builder of non-nuclear surface combatant ships for U.S. and foreign navies.

LMS Supplies Electronics Package For Chem Tanker

Litton Marine Systems (LMS) has supplied bridge electronics and communications systems for a new chemical tanker under construction for Stolt Tankers at the Ujanic Shipyard in Croatia. The 36,700 dwt chemical tanker, scheduled for delivery in January 2001, has been fitted with a complete Litton Vision 2100 integrated bridge system (IBS) with Electronic Chart Display and Information System (ECDIS) meeting DNV Watch 1 certification. Litton is also installing the ship's GMDSS communications suite and Litton's IMO-approved Voyage Data Recorder (VDR). The ship's hull was constructed at a shipyard in France, and was moved to the Ujanic Shipyard for outfitting and delivery to the customer.

News Briefs

The Delaware River Pilots Association recently contracted with Carey's Diesel to repower a vessel with a pair of Isotta Fraschini marine diesel engines, rated at 550 hp @ 2,400 rpm. This is the third vessel the Pilots Association has chosen to repower using Isotta Fraschini engines. The first Isotta Fraschini repowers were two 56,000-lb. vessels named Wilmington and Delaware. Wilmington's two 8V-72T Detroit Diesel two-cycle, eight cylinder engines were replaced with two V1308T2 MLH Isotta Fraschini four-stroke, V-8 cylinder marine diesel engines. Delaware's two 8V-92 Detroit Diesel two-cycle, eight cylinder engines were replaced with a pair of V1312T2 MLH Isotta Fraschini four-stroke, V-12 cylinder marine diesel engines.

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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