Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) requirements contract by the U.S. Coast Guard (USCG) Surface Forces Logistic Center. The agreement,
Huntington Ingalls Industries’ (NYSE: HII) reports that its Ingalls Shipbuilding division has successfully launched the amphibious transport dock Richard M. McCool Jr. (LPD 29), the 13th LPD in the San Antonio class
Durban, South Africa-based Sandock Austral Shipyards (SAS) is to offer clients a range of state-of-the-art high-performance tugs, following the signing of an agreement with Vancouver, B.C., naval architect firm Robert Allan Ltd.
Houston-based naval architecture and marine engineering firm The Shearer Group Inc. (TSGI) reports that it has promoted two members its team. JOSHUA SEBASTIAN Joshua S. Sebastian, P.E., a 13-year veteran of the
Retford, U.K.-based Langley Holdings has completed its acquisition of Norway’s Bergen Engines group from Rolls-Royce for a consideration of EUR 91 million (about $103 million). In addition, EUR 16 million (about $18
Bollinger Shipyards LLC has delivered the USCGC Clarence Sutphin to the U.S. Coast Guard in Key West, Fla. The 47th Fast Response Cutter (FRC), it is the final ship in a series
Beloit, Wis.-based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Cincinnati, Ohio-based Federal Equipment Company (FEC). The transaction includes both FEC Military and FEC’s commercial business. FEC
Yonges Island, S.C.-based Stevens Towing reports that the fourth quarter of last year was a very busy period for its shipyard, with work split between between topside repairs and several drydockings. Top
Huntington Ingalls Industries (NYSE:HII) reports that Matt Mulherin Jr. has been promoted to vice president of contracts at its Newport News Shipbuilding division. He assumed the new role on Monday, Jan. 3,
As tensions over Russian threats to Ukraine mount, SAFE Boats International, Bremerton, Wash., has been awarded a contract under a U.S. security assistance program that includes a focus on enhancing Ukraine’s capacity