Three former Austal USA execs face DOJ and SEC charges
The U.S. Department of Justice reports that a federal grand jury returned an indictment on March 30 charging three men with orchestrating an accounting fraud scheme at Austal USA LLC, a wholly
Shipyards
Conrad Industries reports 2022 results
“Our results for 2022 reflect a continued challenging operating environment, with losses primarily related to new construction gross losses from jobs on which actual costs varied from original estimates due to higher
Ingalls awarded $1.3 billion LPD 32 contract
Huntington Ingalls Industries (NYSE: HII) reports that its Ingalls Shipbuilding division has received a $1.3 billion modification to a previously awarded contract from the U.S. Navy for the procurement of the detail
Conrad Shipyard picked to build new Governors Island battery-hybrid ferry
When we last reported on the plan for a new ferry to operate between New York City’s Lower Manhattan and Governors Island, things had reached the stage where an RFP for the
Julie Jarell Gresham named Ingalls VP and chief counsel
Huntington Ingalls Industries (NYSE: HII) reports that Julie Jarrell Gresham has been named vice president and chief counsel of its Ingalls Shipbuilding division. She will succeed George Simmerman Jr. who will retire
SAFE Boats unveils autonomous hydrographic survey vessel design
With its eyes on the offshore wind industry, SAFE Boats International has gained exclusive rights to build an advanced autonomous hydrographic survey vessel at its Tacoma, Wash., large-craft production facility. The innovative,
Sister shipyards fix WSF ferry damaged in “hard landing”
When the 328 foot long Washington State Ferry M/V Cathlamet struck one of the mooring dolphins at the Fauntleroy Ferry Terminal near Seattle, on July 28, 2022, two sister shipyards — Everett
$2.8 billion award kicks off Pearl Harbor dry dock project
Naval Facilities Engineering Systems Command (NAVFAC) Pacific has awarded a $2.8-billion task order under a previously-awarded contract to Dragados/Hawaiian Dredging/Orion JV, based in Honolulu, Hawaii, to replace Dry Dock 3 at Pearl
BAE Systems Ship Repair honors its top suppliers and subcontractors
BAE Systems Ship Repair recently recognized its best suppliers and subcontractors during a “Partner2Win” supplier ceremony. More than fifty companies that successfully supported the company’s maintenance of U.S. Navy ships and commercial
Fincantieri Marine Repair donates to military non-profits
At a time when many companies are cutting back on expenses in preparation for a coming recession, Jacksonville, Fla., based Fincantieri Marine Repair is doubling down on its support of U.S. military