BAE Systems sells San Francisco shipyard

JANUARY 2, 2017 — BAE Systems reports that it has completed the sale of its San Francisco Ship Repair business to Puglia Engineering, Inc., a Tacoma, WA, based ship repair company currently operating two shipyards in Washington state.

"We believe this divestiture is in the best interests of the San Francisco shipyard employees and both companies, as it will better position the San Francisco Ship Repair business with a parent company that has access to broader markets," said Erwin Bieber, President of BAE Systems, Inc.'s Platforms & Services sector. "We greatly appreciate the hard work and dedication of our San Francisco shipyard team."

Facilities at the San Francisco shipyard include:

Floating Dry Dock – 54,600 ton lift
Floating Dry Dock – 14,500 ton lift
Pier Space – 3 berths to 700ft (213 meters)
Crane Capacity – up to 60 tons

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