November 6, 2000

Queen Mary 2 contract signed
Carnival Corporation's Cunard Line today announced that a contract has been signed with Alstom Chantiers de L’Atlantique shipyard in Saint- Nazaire, France, to build the "grandest and largest passenger vessel ever constructed, Queen Mary 2.

The 150,000-ton ocean liner, which is expected to enter service in late 2003, will be built at a cost of approximately $780 million.

Queen Mary 2 will have a passenger capacity of 2,620 based on two guests per cabin and measure 1,132 feet (345 meters) in length and 237 feet (72 meters) in height from keel to funnel top, with beam of 135 feet (41 meters), making it not only the longest but also the widest passenger ship in the world.

More than 77 percent of the accommodations will have ocean views with 72 percent offering private balconies.

Power generation will be by by two gas turbines and four diesel engines providing a total output of 118 MW. More than two thirds of this energy will be used to power the four ship's four MerMaid podded drives.The largest ever buil, they will enable enabling the liner to reach speeds of around 30 knots .Two of the MerMaids will be capable of azimuthing through 360 degrees.

Litton selling marine electronics unit
Litton Marine Systems, which manufactures marine navigation, communication and information systems, products and services under the Sperry, Decca and C. Plath brand names is being sold by Litton Industries, Inc. along with the rest of the company's Advanced Electronics group.

The sale is the cornerstone of a strategic restructuring by Litton. Once the defense electronics business is sold, Litton will have revenue of about $4.3 billion and function as a diversified operating company in three core business segments: commercial electronics and materials, information technology systems, and U.S. Navy and commercial shipbuilding.

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