Search results for: deals

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  • 25 November 2011
    Industry news

      A consortium led by Sekunjalo Investments has been awarded a five-year contract worth an estimated R1bn by the department of agriculture, forestry and fsheries. The deal is expected to accelerate broad-based participation in Cape Town’s maritime industry. Under the deal the consortium, which includes Sekunjalo Industrial Holdings (a subsidiary of Sekunjalo) and ship-building company […]

  • 11 November 2015
    Authorities, Equipment & technology

    Australian Government and Serco Group have reached an agreement to amend the terms of the company’s contract to provide in-service support to the Navy’s fleet of Armidale Class Patrol Boats (ACPB).  The company has negotiated to shorten the onerous contract which previously ran to 2022. According to the company’s statement the contract will now end in 2017. Under the terms […]

  • 8 March 2019
    Authorities, Industry news

    South Korea’s Hyundai Heavy Industries (HHI) has signed a formal deal for the acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), thereby creating a global naval and commercial shipbuilding giant. The deal was reported by the news agency Yonhap which said that the merger of the two South Korean shipbuilders would create an entity with a 20 […]

  • 7 February 2011

    US defense contractor Northrop Grumman expects India to seal a deal to spend $11 billion on new fighter jets by the end of this year, as it… [mappress] Source: indianexpress, February 7, 2011;

  • 3 August 2017
    Authorities, Industry news

    A €5 billion deal between Italy and Qatar for the construction of seven navy vessels is now official following an announcement made by Qatar’s foreign minister on Wednesday. “I am pleased to announce the conclusion of a deal between the Qatari Emiri Naval Forces to buy seven naval units from Italy in the context of […]

  • 11 May 2017
    Authorities, Equipment & technology, Industry news

    Pakistan is acquiring four Turkish Project MILGEM corvettes while Turkey is buying 52 Pakistani Super Mushshak training planes under agreements signed during the 2017 IDEF defence exhibition in Istanbul, on May 10. Karachi Shipyard & Engineering Works Limited (KSEW) from Pakistan, signed a letter of intent (LOI) with Turkish STM for the corvette-construction. According to an announcement from the […]

  • 18 July 2011
    Industry news

      Germany and Israel have sealed the deal which provides Israel with its sixth Dolphin-class nuclear-capable submarine. Germany will subsidize… By Gil Ronen (israelnationalnews) [mappress] Source: israelnationalnews, July 18, 2011;

  • 9 January 2017
    Authorities, Industry news

    The UK Ministry of Defense has signed a five-year deal worth £271 million with Leonardo Helicopters to continue support work on the Wildcat helicopters. The MOD hailed the deal as one that would sustain approximately 500 jobs, primarily at Leonardo’s facilities in Yeovil and Royal Naval Air Station Yeovilton. Yeowilton is the home of Wildcat training […]

  • 18 March 2019
    Authorities, Vessels

    Spain could buy BAE Systems-built assault amphibious vehicles(AAV) following a US State Department approval for the possible sale of 11 AAVs to the European country. As outlined in the approval, announced on March 15, Spain is looking to buy 11 AAVs in three different configurations under a deal that would be worth an estimated $107 […]

  • 14 January 2015
    Training & Education

    Royal Navy Submariners have spent a week in the fires of hell to ensure they can deal with the biggest threat to the Silent Service. Despite the public perception of submarines, fire – or rather smoke – will knock you out long before your boat floods. So experienced submariners from across the RN Submarine Service […]

  • 6 October 2015
    Authorities, Equipment & technology, Research & Development

    Crowley Maritime Corp.’s government services group has been awarded a new technical management contract for five U.S. government-owned, Military Sealift Command (MSC) Roll-On/Roll-Off and container ships (ROCON). Under the approximately $130 million contract, Crowley will provide full turnkey operation and management of the fleet, including crewing and scheduled/unscheduled repair and drydocking services initially for one […]

  • 17 October 2016
    Authorities, Equipment & technology, Industry news

    China Shipbuilding Industry Corporation, one of two biggest shipbuilding conglomerates in China, confirmed that a project to export eight attack submarines to Pakistan has been initiated. The corporation held a conference to discuss details of the arrangement, the China People’s Daily news site reported quoting China Shipbuilding Online. There have been talks of the China-Pakistan cooperation on […]

  • 25 May 2017
    Authorities, Training & Education

    Western Australia Police and the Australian Navy recently took part in ‘active shooter’ threat drills at HMAS Stirling to boost their security response capabilities. Working with the Rockingham Local Area Command, Naval Police Coxswains and Boatswains were equipped with practical strategies to quickly assess the type and severity of a threat, and to respond appropriately. Warrant […]

  • 30 June 2014
    Authorities, Industry news

    Defence and security company Saab has on June 29 entered into an agreement with ThyssenKrupp Industrial Solutions AG regarding the acquisition of ThyssenKrupp Marine Systems AB (TKMS AB, formerly Kockums).   This acquisition is in line with Saab’s ambition to increase its capabilities in the naval domain. This move further strengthens Saab’s status as a […]

  • 5 September 2014

    Boustead Heavy Industries Corp Bhd (BHIC) has finalized an in-service support (ISS) deal for two Scorpene submarines for the Royal Malaysian Navy.   The deal was first announced by the Government of Malaysia in August 2010. The contract value remained the same as in the original Letter of Award at RM1.31 billion (EUR 193 million and RM532 […]

  • 28 July 2017
    Authorities, Industry news

    French Economy Minister Bruno Le Maire on Thursday announced the country is temporarily nationalizing Europe’s only only shipyard capable of building aircraft carriers in a bid to find a better shareholder deal. This means that Italian shipbuilder Fincantieri, who earlier signed a heads of agreement deal with France, will not be taking over the STX shipyard […]

  • 17 September 2015
    Authorities, Equipment & technology, Research & Development

    General Dynamics Electric Boat Corp., Groton, Connecticut, is being awarded a $321,7 million modification to previously awarded contract to exercise the option for design agent, planning yard, engineering and technical support for active nuclear submarines. The efforts provide for drawings and related technical data; design change documentation; logistics technical data; configuration management; hull, mechanical and electrical engineering; […]

  • 12 September 2013
    Authorities, Training & Education

    “Somalia is open to further cooperation with the European Union in the area of maritime security”, said President Hassan Sheik Mohamoud of Somalia last week while on board HNLMS Johan de Witt on the Indian Ocean in a position close to the capital city of Mogadishu. The president sees this type of cooperation as part […]

  • 24 October 2016
    Authorities, Industry news

    South Korean shipbuilder Hyundai Heavy Industries (HHI) announced today that it signed a contract to build two 2,600 ton frigates for Philippine Navy. The frigates will be designed as a smaller version of the Incheon-class frigate which is already in service with the Republic of Korea Navy. According to HHI, the 107 meter frigates will be propelled with a […]

  • 24 September 2015
    Authorities, Equipment & technology

    French and Egyptian officials have concluded a contract for two Mistral-class ships in Paris, September 23. French president Francois Hollande has confirmed in an announcement that the Mistral helicopter carriers, which had initially been built for Russia, will be sold to Egypt. Following the high-profile meeting, Reuters quoted Hollande as saying: Yesterday, I agreed the price […]

  • 20 February 2011

    Starwin Industries was one of six companies across the Midwest named to a U.S. Navy deal that could be worth up to $50 million… (bizjournals) [mappress] Source:bizjournals , February 20, 2011;

  • 25 March 2015
    Authorities, Training & Education

    Boarding teams from five Gulf of Guinea countries are using the German navy frigate FGS Brandenburg (F215) to enhance their abilities to complete visit, board, search and seizure (VBSS) operations during Exercise Obangame Express 2015, from March 19 to 27, 2015. After boarding the ship, the boarding teams are confronted with situations that require them […]

  • 3 December 2014
    Authorities, Equipment & technology, Research & Development

    Naval Facilities Engineering Command (NAVFAC) Southeast awarded a $7.72 million firm-fixed-price task order Nov. 21 for the refurbishment of Taurman Avenue electrical substation at Naval Station (NS) Guantanamo Bay, Cuba. Islands Mechanical Contractor, Inc., a small business based in Middleburg, Florida, was awarded the contract. NS Guantanamo Bay Commanding Officer Capt. J.R. Nettleton said: The […]

  • 26 August 2011

      South Korean defense minister Kim Kwan-jin will head to Indonesia next month for talks that might lead to a major deal to export attack subm… By Wang Guanqun (xinhuanet) [mappress] Source: xinhuanet, August 26, 2011;

  • 17 May 2011
    Industry news

      German shipbuilding group HDW has pulled out of a subcontractor deal to build two submarines at an Arab-owned shipyard in Greece, the Greek… (expatica) [mappress] Source: expatica, May 17, 2011;

  • 28 September 2015
    Authorities, Equipment & technology, Research & Development

    San Diego-based General Atomics was awarded a USD 29,6 million deal for the material and labor necessary to manufacture, assemble, inspect, integrate, test and checkout the on-board repair parts in support of the electromagnetic aircraft launch system (EMALS) and advanced arresting gear on the PCU Gerald R. Ford, CVN 78. The majority of work will be […]

  • 8 October 2018
    Authorities, Industry news

    The UK defense ministry announced it has awarded over £1 billion worth of contracts for the maintenance of Royal Fleet Auxiliary ships and the Royal Navy’s survey and hydrographic fleet over the next ten years. The deal covers 17 ships and will improve how spares, repairs and maintenance work are carried out. “This £1bn deal secures […]

  • 14 September 2014
    Authorities, Equipment & technology, Industry news, Research & Development, Training & Education

    Abbott Government to Spend $20 Bln on Japanese Submarines The next generation of Australian submarines could be the Japanese-built Soryu Class submarines which will replace the Collins Class vessels.   Keel Laying Held for Singapore Navy’s First Littoral Mission Vessel The keel laying ceremony for the Republic of Singapore Navy (RSN)’s first Littoral Mission Vessel (LMV) […]

  • 20 March 2017
    Authorities, Industry news

    The Malaysian ministry of defense has selected Boustead Naval Shipyard to work on the delivery of four littoral mission ships that are to be built by China. According to a letter of acceptance from March 17, Boustead Naval Shipyard will work with a partner shipyard from China on the delivery of the ships. The company said […]