Search results for: prices

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  • 11 November 2011
    Authorities, Industry news

    Controversies between defense ministry and JSC United Shipbuilding Corporation (USC) over prices for nuclear submarines have been settled on Nov 9 in Severodvinsk, Arkhangelsk region in presence of premier Vladimir Putin. Russian defense ministry signed all contracts which had been in the center of heated debates for months. With conclusion of those most significant and […]

  • 3 November 2011
    Industry news

      United Shipbuilding Corporation (USC) and Russian defense ministry have finally agreed on prices for nuclear-powered submarines (Project 885 Yasen and Project 955 Borei), reports RIA Novosti referring to a source in Ministry of Trade and Industry. The last non-concluded state defense contract in 2011 was signed on Nov 1 at the meeting headed by […]

  • 27 May 2011
    Industry news

    France and Russia will agree the price for the sale of four powerful warships to Moscow within a month, the Russian ambassador to Paris told… (expatica) [mappress] Source: expatica, May 27, 2011;

  • 17 April 2012
    Industry news

    As regulation slowly and painfully filters down the private maritime security industry, a “proliferation” of new firms from emerging countries is inevitable and British PMSCs will price themselves out of the market, according to Norton Rose partner Philip Roche. The big question, Mr Roche said, is whether shipping companies and charterers will want to continue […]

  • 22 November 2011
    Authorities, Industry news

      Russian defense industry will face great reforms, said Russian president Dmitry Medvedev. “It is of critical importance to manage personnel and reduce expenses… Some Russian factories are as large as particular cities at the West, and we clearly understand their maintenance costs tens or even hundreds of millions. We should control that rationally. Perhaps, […]

  • 31 August 2011

      The Boeing Co., St. Louis, Mo., is being awarded a $16,881,855 modification to a previously awarded firm-fixed-price, fixed-price -incentive contract (N00019-09-C-0019) for non-recurring and recurring engineering in support of Engineering Change Proposal 6213R2, “Trailing Edge Flap Honeycomb Redesign” of the F/A-18 E/F and EA-18G aircraft. Work will be performed in St. Louis, Mo., and […]

  • 5 September 2011
    Industry news

      United Shipbuilding Corporation ( USC ) and Russian Defense Ministry have 9 large contracts to sign under State Defense Order 2011, reported RIA Novosti on Sept 1 referring to the company’s official representative. Aug 31 was a deadline set by Prime Minister Putin to tie contracts between defense ministry and military-oriented companies under state […]

  • 20 October 2011
    Industry news

      Russian Navy refused to continue financing of deep-sea diving system being designed by Lazurit bureau (Nizhniy Novgorod) for new-generation Project 21300 rescue ship, told an informed source to Central Navy Portal. As for defense ministry, the reason of refusal is “groundlessly” overrated cost of the system and uncertainty in readiness time. According to information […]

  • 13 October 2011
    Industry news

      Contracts of State Defense Order 2011 for construction of Borei and Yasen class nuclear-powered submarines have not been signed so far, said deputy defense minister Alexander Sukhorukov at the press conference on Oct 11. “Contracts are still not signed. The reason is imperfect pricing system in Russia. As a matter of fact, it is […]

  • 20 April 2017
    Authorities, Equipment & technology, Industry news

    Germany’s accelerated acquisition of five additional K130 corvettes could get stalled following a report that shipbuilders Lürssen and Thyssen-Krupp Marine Systems set the price too high. The shipbuilding duo is asking €2.9 billion for the five corvettes and two training facilities for corvette-operation, according to Handelsblatt Global. The almost €3 billion price tag is in stark […]

  • 27 September 2017
    Equipment & technology, Industry news

    The complicated process of designing and building new submarines from scratch could leave Australia with no submarines in its fleet over a period of several years, an independent report has warned. The Insight Economics report, commissioned by Gary Johnston from Submarines for Australia, suggests that there is a possibility for the new submarines to be […]

  • 16 November 2011
    Authorities, Industry news

    Russian federal budget 2012 provides over RUR 880 bln for arms procurement, modernization and RD works, said Russian Prime Minister Vladimir Putin at the meeting on defense order issues. As for him, it was invested RUR 750 bln for this purpose in 2011 which is 1.5 times larger than in 2009. Considering such significant funds […]

  • 6 April 2012
    Industry news

    Indian defense minister A.K. Antony announced during commission ceremony of nuclear-powered submarine INS Chakra (SSN Nerpa) that there was a proposal to take second Russian-built submarine on lease. According to him, the offer is being presently considered. The offer was made, but the decision has not been taken so far, Antony told reporters. Although he […]

  • 1 July 2019

    The construction of the digitally-enabled shipyard infrastructure at Osborne South is on track for completion by March 2020, ahead of the commencement of production prototyping on the $35 billion Hunter-class frigate program, Australian defense ministers said. Australian Minister for Defence, Senator the Hon Linda Reynolds CSC, and Minister for Defence Industry, the Hon Melissa Price […]

  • 29 May 2012
    Industry news

    A contract for delivery of a set consisting of five Borey class nuclear submarines has been signed on Friday by the Russia’s Defense Ministry and United Shipbuilding Corporation (USC), Alexei Kravchenko confirmed to RIA NOVOSTI on May 28. Reportedly, no further details are known about the contract signing, which was brought to a question in […]

  • 26 July 2011
    Industry news

    Bell Helicopter Textron, Inc., Fort Worth, Texas, is being awarded a $549,999,711 firm-fixed-price modification to a previously awarded advance acquisition contract (N00019-10-C-0015) for long lead materials and components associated with the manufacture and delivery of 19 lot eight UH-1Y build new aircraft; eight AH-1Z remanufactured aircraft; and six lot eight AH-1Z build new aircraft. This […]

  • 9 September 2014
    Authorities, Equipment & technology, Research & Development

    The next generation of Australian submarines could be the Japanese-built Soryu Class submarines which will replace the Collins Class vessels.   The Abbott Government’s contract worth more than $20 billion for up to 10 submarines will be announced before the end of the year and, according to, the Government is still considering both German and French submarine builders. […]

  • 5 May 2011
    Industry news

    Dolphin submarine fleet is considered a vanguard against Iran; purchase had been held up by wrangling over $500-700 million price… (jpost) [mappress] Source: jpost, May 5, 2011;

  • 19 September 2011
    Industry news

      Raytheon Missile Systems, Tucson, Ariz., is being awarded a $9,112,698 fixed-price incentive-fee and firm-fixed-price modification to previously awarded contract (N00024-09-C-5305) for low rate initial production of fiscal 2011 Standard Missile-6 Block I all-up rounds. Work will be performed in Tucson, Ariz. (50 percent); Camden, Ark. (23 percent); Boston, Mass. (5 percent); Dallas, Texas (4 […]

  • 14 February 2013
    Training & Education

    Despite being thousands of miles from home, when it comes to Valentines Day even the toughest sailor and marine can’t escape the aim of Cupid’s arrow. And turning up the heat in the already scorching operational arenas of the Gulf and Afghanistan are the ship’s company of HMS Monmouth and 40 Commando Royal Marines. Proving […]

  • 1 November 2011
    Industry news

    The Navy has awarded Vigor Marine of Portland a $14.24 million fixed-price contract to overhaul the submarine tender the USS Frank Cable… By Mike Francis (Oregonlive) [mappress] Source: oregonlive, November 01, 2011

  • 26 April 2012
    Training & Education

    Procurement contract for Project 955 Borei strategic submarines would unlikely be signed in April, since prices have not been agreed so far…   (rusnavy) [mappress] Source: Russian Navy , April 26, 2012; Image: nns

  • 5 December 2011
    Equipment & technology

      Charles Stark Draper Laboratories, Inc., Cambridge, Mass., is being awarded a $120,818,538 modification (PE0003) under previously awarded firm-fixed-price, fixed-price-incentive, cost-plus-incentive-fee contract (N00030-11-C-0014) to provide Trident II (D5) Guidance System micro circuit wafers and Strategic Systems Programs alterations materials.  Work will be performed in Pittsfield, Mass. (83.5 percent); Cambridge, Mass. (7 percent); Honeywell, Inc., Clearwater, […]

  • 12 May 2017
    Authorities, Training & Education

    Royal Australian Navy’s first electronic warfare course combining submarine and surface fleet trainees graduated from the School of Maritime Warfare on Sydney Harbour’s south head, HMAS Watson on May 5. Electronic warfare is the ability to collect electronic intelligence across the electromagnet spectrum and 12 sailors undertook the 17-week course that taught the basics. Chief […]

  • 19 July 2017
    Authorities, Industry news

    Construction of additional five corvettes for the German Navy has been cleared for take-off by the German cartel office which ruled that the newly-formed shipbuilding consortium broke no cartel laws. This means that German Naval Yards Kiel GmbH will be able to join the ARGE K130 consortium – made up of Lürssen and Thyssen Krupp Marine Systems […]

  • 16 April 2018
    Authorities, Equipment & technology, Vessels

    The Brazilian Navy has taken delivery of four support vessels from Norwegian shipping company Deep Sea Supply. The navy announced on April 10 that it received anchor handling tug supply vessels Sea Fox, Sea Vixen and Sea Stoat in a ceremony on April 4. The three vessels were previously used by Brazilian oil giant Petrobras on its […]

  • 9 May 2014
    Industry news

    The U.S. Navy competitively awarded a contract to ESCO Marine of Brownsville, Texas, for the towing, dismantling and recycling of conventionally powered aircraft carriers stricken from service, May 8.   Under the contract, the company was awarded $0.01 for the dismantling and recycling of the decommissioned aircraft carrier Saratoga (CV 60). The price reflects the […]

  • 23 December 2014
    Authorities, Research & Development

    The US Navy awarded a contract, Dec. 22, for the towing and dismantling of the decommissioned aircraft carrier USS Ranger (CV 61) to International Shipbreaking, Ltd. Under the contract, the company will be paid $0.01, a price that reflects the net price proposed by International Shipbreaking, Inc., which considered the estimated proceeds from the sale […]

  • 5 January 2012
    Industry news

    Electric Boat Corp., Groton, Conn., is being awarded a $13,788,820 fixed-price incentive fee modification to previously awarded undefinitized contract action for warranty work on USS New Mexico (SSN 779).  Work will be performed in Groton, Conn. (99 percent), and Quonset Point, R.I. (1 percent), and is expected to be completed by June 2012. Contract funds […]