Shipbuilding

USMI awarded $108 million special ops boats contract

U.S. Special Operations Command has awarded boatbuilder United States Marine Inc., Gulfport, Miss., a $108,000,000 maximum indefinite-delivery/indefinite-quantity delivery order contract (H92405-20-D-0002) with a five-year ordering period for the production of Combatant Craft

Conrad Industries

Conrad reports 2019 results and backlog

Morgan City, La., headquartered shipbuilder Conrad Industries, Inc. yesterday reported its 2019 results and backlog. The company reported net income of $86,000 and earnings per diluted share of $0.02 for the twelve