Halter Marine Will Build Tugs for Lockheed Martin
Halter Marine, Inc (HMI), a division of Friede Goldman Halter, Inc. (FGHLQ) announced that it has received a Letter of Intent from Lockheed Martin Overseas Corporation to design, and build two Voith Schneider Tractor Tugs. This is a portion of a contract that Lockheed Martin signed with the Egyptian Ministry of Transport earlier this month. Lockheed has released funding for design and planning at this time, with details on the remainder of the project to be finalized later. The project is expected to take twenty-six months to complete. Anil Raj, Chief Operating Officer for Friede Goldman Halter said, “The partnership between Halter Marine and Lockheed is added confirmation that demand for quality vessels produced by Halter continues to grow internationally.
Lockheed Martin Passes Design Review
Lockheed Martin marked a milestone in the Norwegian Navy New Frigate program with completion of the Critical Design Review for the Integrated Weapon System. System (IWS). The IWS includes the full complement of ship sensors, weapons, computing suite and communications equipment designed to give the Nansen-class frigates advanced anti-submarine, anti-surface and anti-air capabilities. Based on the U.S. Navy's Aegis combat system, the IWS also will support interoperability of Norwegian Navy ships with those of the United States and other users of the Aegis system. Lockheed Martin is developing the IWS for five new Norwegian frigates being built by the Spanish shipbuilder IZAR Construcciones Navales, SA.
