Hyundai Heavy launches its fifth frigate
NOVEMBER 14, 2014 — Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, yesterday held a launch ceremony at its Ulsan, South Korea, shipyard for its fifth frigate, ROKS Jeonbuk. The ceremony was
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Ingalls delivers DDG 1001 launch system assemblies
JULY 24, 2013 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has delivered the final aft peripheral vertical launch system (PVLS) assemblies to the U.S. Navy for the Zumwalt-class destroyer Michael Monsoor
Secretary of the Navy comments on DDG 51 awards
JUNE 4, 2013 — “These contract awards represent great value to the taxpayer and will ensure our warfighters have the ships and systems they need to prevail in any situation,” said Secretary
Navy building plan has no basis in reality, says Forbes
MAY 23, 2013 — Saying that the Navy’s 30 Year Shipbuilding Plan has “no basis in reality,” Congressman J. Randy Forbes (R.-VA), Chairman of the Seapower and Projection Forces Subcommittee of the
CBO: Navy underestimates long range shipbuilding costs
JULY 25, 2012 — The non-partisan Congressional Budge Office (CBO) says that the U.S. Navy’s most recent long term shipbuilding plan underestimates the cost of new ship construction over the next 30
GAO study warns of challenges facing DDG 51 restart program
A GAO report raises worrying questions about the decision to restart production of the Arleigh Burke class destroyer (DDG 51) after nearly a decade and almost $10 billion in development on Zumwalt