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
The U.S. Navy’s Military Sealift Command has awarded Alabama Shipyard, Mobile, Ala., a $25,964,083 firm-fixed-price contract (N3220522C4031) for a 150-calendar day shipyard availability for the regular overhaul and drydocking of the Military
As we reported back in our November issue, the Associated Federal Pilots in Venice, La., recently took delivery of a new Chesapeake class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation, Somerset, Mass.
UPDATED: The Naval Sea Systems Command, Washington, D.C., has awarded Pascagoula, Miss., based shipbuilder VT Halter Marine Inc. a $552,654,757 fixed-price incentive modification to previously awarded contract N00024-16-C-2210. The modification exercises an
In its second littoral combat ship delivery this year, Austal USA has delivered the future USS Canberra (LCS30) to the United States Navy. Paddy Gregg, CEO of Austal USA’s Henderson, Western Australia,
Cherokee: First of two new rail ferries built for U.S-Mexico route Constructed by China’s CSSC Huangpu Wenchong Shipbuilding Company for Jacksonville, Fla.-headquartered CG Railway (CGR), Cherokee is the first of two 590-foot
Austal USA reports that it has finalized its deal to establish a ship repair facility in the Port of San Diego. The deal includes a long-term lease of a waterfront site in