Rendering of Magnet Defense vessel

Metal Shark acquired by Magnet Defense

Miami, Fla.-headquartered Magnet Defense LLC, which says its mission is to “build a fleet of autonomous unmanned surface vessels to strengthen U.S. national security and advance U.S. and Allied maritime interests at

L to R: New Schottel GmbH CEO Roland Schwandt and deputy CEO Christian Bock.
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Schottel appoints Roland Schwandt as CEO

Roland Schwandt took over as CEO of Spay, Germany-based propulsion specialist Schottel GmbH on Jan. 1, succeeding Stefan Kaul as part of an orderly succession plan. Christian Bock succeeds Schwandt as deputy

Mare Island Dry Dock LLC
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Mare Island Dry Dock closes

On Dec. 30, 2025, California ship repairer Mare Island Dry Dock LLC (MIDD) informed the City of Vallejo that it would permanently close its Mare Island facility, resulting in the termination of