Author: Ramona Adams|| Date Published: January 3, 2017
BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has sold its San Francisco Ship Repair business to Tacoma, Washington-based ship repair services provider Puglia Engineering for an undisclosed sum.
œWe believe this divestiture is in the best interests of the San Francisco shipyard employees and both companies, as it will better position the San Francisco Ship Repair business with a parent company that has access to broader markets, Erwin Bieber, president of BAE Systems Inc.’s platforms and services sector, said in a statement released Monday.
Puglia Engineering currently owns two shipyards in Washington state.
BAE operates six shipyards in Mobile, Alabama; San Diego, California; Jacksonville, Florida; Pearl Harbor, Hawaii and Norfolk, Virginia.
The San Francisco yard offers maintenance, alteration and repair services to cruise liners from Alaskan and Mexican trade routes, trans-Alaska pipeline tankers, military support vessels, local bay traffic, bulk carriers and container ships.
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has sold its San Francisco Ship Repair business to Tacoma, Washington-based ship repair services provider Puglia Engineering for an undisclosed sum.
