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Tag Archives: shipbuilding

VT Halter Marine Blast & Paint Hub Pushes for Safe, Environment-Friendly Ops; Tom Vecchiolla Quoted

TYSONS CORNER, VA, April 24, 2019 — VT Systems‘ shipbuilding business works to ensure its new blast and paint facility in Mississippi, which became fully operational in October, is aligned with its effort to follow environmentally responsible business practices for marine construction, ExecutiveBiz reported April 9. MarineLink reported April 5 …

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VT Systems’ Shipbuilding Arm Wins Potential $1.9B Contract to Build USCG Polar Security Cutters

The shipbuilding business under ST Engineering‘s VT Systems subsidiary won a potential $1.94B contract to design and build up to three heavy polar icebreakers for the U.S. Coast Guard. Pascagoula, Miss.-based VT Halter Marine will perform detail design and construction of the lead Polar Security Cutter through the fixed-price incentive-firm contract, …

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McAleese & Associates: GAO Examines Navy’s Cost Estimate for Columbia-Class Submarine Program

Consulting firm McAleese & Associates has released a report on key takeaways from a Government Accountability Office study on the U.S. Navy’s cost estimate for the Columbia-class submarine acquisition program. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that GAO challenged the technological maturity of several …

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McAleese & Associates: FY 2020 Navy, Marine Corps Budget Request Totals $206B

A report by consulting firm McAleese & Associates says the Navy and the Marine Corps requested a total budget of $206B for fiscal year 2020. The Navy’s FY 2020 budget request includes $20.4B in research, development, test and evaluation funds for several programs: unmanned surface vessels and unmanned underwater vehicles; directed energy; conventional …

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Robert Smith to Lead General Dynamics Marine Systems Segment; Phebe Novakovic Quoted

Robert Smith, president of General Dynamics’ (NYSE: GD) Jet Aviation subsidiary, has been named executive vice president of the company’s marine systems segment in a move that will take effect on July 1. He will succeed the retiring John Casey, a shipbuilding industry veteran and former president of General Dynamics …

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Austal USA to Build 13th & 14th Navy Expeditionary Fast Transport Vessels Under Potential $371M Contract

Austal USA has received a potential $370.7M contract modification to design and construct the U.S. Navy’s 13th and 14th Expeditionary Fast Transport ships. The modification has a face value of $261.8M and definitizes contract actions for EPF 13 and 14 long lead-time materials in addition to the detail design and …

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McAleese & Associates: HII Optimistic on FY 2018-2019 Shipbuilding Funds in Bipartisan Budget Act

Consulting firm McAleese & Associates has issued a report saying Huntington Ingalls Industries (NYSE: HII) is “ecstatic” about the Bipartisan Budget Act’s shipbuilding funds for fiscal years 2018 and 2019. “[W]e are in a great spot because ships have been authorized and appropriated in the 2018-2019 window, which takes a lot …

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HII Newport News Forms Partnership on 3D Printing Use for Shipbuilding

TYSONS CORNER, VA, May 14, 2018 — A Huntington Ingalls Industries (NYSE: HII) division has entered into a partnership with 3D Systems to jointly develop additive manufacturing technologies that could potentially support naval shipbuilding operations, ExecutiveBiz reported Friday. HII said Thursday Newport News Shipbuilding will help deploy the 3D printing approach with the …

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