Pentagon Announces Orders for Four New LCS’

Tony Capaccio (Bloomberg) -- Lockheed Martin Corp. and Austal Ltd. today received a combined $1.38 billion in orders for continued purchases of the Littoral Combat Ship, according to the Pentagon. The Navy’s orders, made under existing contracts, will pay for the 13th through 16th vessels in the program’s initial purchase of 20 ships divided between Bethesda, … [Read more...]

Huntington Ingalls Seeking Partners to Avoid Closure of Avondale Shipyard

The head of Huntington Ingalls Industries Inc. (HII) said Wednesday that it is still looking for partners to convert a Louisiana naval shipyard earmarked for closure into a manufacturing plant for the energy sector. The company plans to close the Avondale yard in when it completes a transport ship for the U.S. Navy next year, but Chief Executive Mike Petters said a shortage … [Read more...]

Under Budget and On Time, Vigor Subsidiary Wins Prestigious Award

The three new 64-car, 750 passenger ferries constructed by US Fab, a Vigor Industrial new-build subsidiary won the regional “Under Budget, Large Project” category in the American Transportation Awards competition sponsored by AASHTO. The award was presented to the Washington State Department of Transportation (WSDOT). WSDOT is now entered into a competition for one … [Read more...]

MARAD Awards Nearly $10 Million in Grants to Small Shipyards

U.S. Transportation Secretary Ray LaHood has announced the recipients of $9.98 million in grants to 15 small shipyards throughout the United States to help pay for modernizations that will increase productivity and competitiveness in the world shipbuilding market. MARAD said it had received 141 grant applications requesting a total of $123 million to fund a variety of … [Read more...]

Vigor Industrial Acquires Alaska Ship & Drydock

Combination to Further Strengthen Maritime Industry and Jobs in Alaska and Across the Pacific Northwest   Alaska Ship and Drydock Inc. (ASD) and Vigor Industrial this week jointly announced their intent to make ASD a Vigor company. Under the deal, ASD will transition its business and assets to Vigor pending approval of the transfer of ownership by the Alaska … [Read more...]