Bollinger Shipyards has secured a fixed-price-incentive-firm target contract modification valued at $951.6 million from the U.S. Coast Guard in support of the Polar Security Cutter, or PSC, program. The company said Tuesday that work on the contract modification will be performed at the Bollinger Mississippi Shipbuilding and additional facilities in...
John Ratigan, formerly CEO and president of ST Engineering’s iDirect Government subsidiary, has joined Comtech (Nasdaq: CMTL) as chief corporate development officer. He has over 30 years of leadership experience in the satellite communications and defense technology industry and will oversee the company’s strategic business growth initia...
Gunjan Goel, former chief information officer of ST Engineering, has joined General Dynamics‘ (NYSE: GD) ordnance and tactical systems division as chief information and digital officer and senior vice president of information technology. The 25-year industry veteran will oversee the company’s digital transformation efforts in his new cap...
Tim Winter, former vice president of global accounts and international defense at ST Engineering‘s iDirect subsidiary, has been appointed interim president of iDirect Government. The U.S. Navy veteran replaces John Ratigan, who has led iDirectGov for two decades and helped the satellite communications provider grow its government business, the...
Don Claussen, a 15-year satellite communications industry veteran, has been appointed CEO of Herndon, Virginia-based satcom provider ST Engineering iDirect. He will be responsible for helping drive ST Engineering iDirect’s vision to expand its presence in the global satcom marketplace, the company said Monday. Claussen most recently served as ...
Lockport, Louisiana-based Bollinger Shipyards has completed its purchase of two U.S. marine subsidiaries of ST Engineering North America in a transaction that expands its shipbuilding and repair capabilities in support of government and commercial clients. Bollinger said Monday it will bring into its portfolio the U.S. Coast Guard’s Polar Security...
Lockport, Louisiana-based Bollinger Shipyards has agreed to acquire two U.S. marine subsidiaries of ST Engineering North America as part of efforts to expand its ship construction and repair capabilities in support of defense and commercial clients. The acquisition of VT Halter Marine and ST Engineering Halter Marine Offshore is expected to close be...
ST Engineering’s shipbuilding business in Pascagoula, Mississippi, has received a $552.7 million contract modification from the Department of the Navy to design and build a second polar security cutter for the U.S. Coast Guard. The Navy exercised an option on a potential $1.94 billion contract originally awarded to VT Halter Marine in April 20...
Timothy “Tim” McBride, formerly a senior vice president at Raytheon Technologies (NYSE: RTX), will assume the role of president of Singapore-based ST Engineering’s U.S. arm on Nov. 1. He will oversee the operations of ST Engineering North America through the company’s headquarters in Alexandria, Virginia, the company said Monday. “Tim brin...
Singapore-based ST Engineering has agreed to acquire TransCore from Roper Technologies (NYSE: ROP) for $2.68 billion in cash. Nashville, Tennessee-based TransCore develops traffic management, tolling systems and related technologies for the transportation industry and is expected to record approximately $545 million in 2021 revenue, Roper said Sunda...
