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Business & Finance

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EU NAVFOR Warships Perform Friendly Approaches in Gulf of Aden
Business & Finance

EU NAVFOR Warships Perform Friendly Approaches in Gulf of Aden

During the last week, EU Naval Force (EU NAVFOR) Somalia Operation Atalanta warships FGS Hessen and ESPS Tornado have carried out several ‘Friendly Approaches’ in the Gulf of Aden. In addition to patrols in the Internationally Recommended Transit Corridor (IRTC) in the Gulf of Aden and Indian Ocea

about 12 years ago
Major Drug Bust for HMAS Darwin on Operation SLIPPER
Business & Finance

Major Drug Bust for HMAS Darwin on Operation SLIPPER

In a combined French and Australian operation, naval ships seized and destroyed almost 650 kilograms of cannabis resin hidden aboard a smuggling skiff in the Red Sea. After HMAS Darwin intercepted the skiff, her boarding party discovered the cannabis resin in 120 plastic packages concealed in hess

about 12 years ago
USA: Four New Littoral Combat Ships Receive Funding
Business & Finance

USA: Four New Littoral Combat Ships Receive Funding

The U.S. Dod issued contract modifications yesterday to Lockheed Martin Corporation and Austal USA under their respective Littoral Combat Ship (LCS) block buy contracts to add funding for construction of two fiscal year 2014 Littoral Combat Ships each. The amount of funds added under the block buy c

about 12 years ago
Australia: Austal Wins High Speed Support Vessels Contract
Business & Finance

Australia: Austal Wins High Speed Support Vessels Contract

Austal Limited (Austal) has been awarded a contract from a naval customer in the Middle East for the design, construction and integrated logistics support of two 72 metre High Speed Support Vessels (HSSVs). The value of the contract is approximately US$124.9 million. Austal will construct the HSSV

about 12 years ago
GALLERY: Australian Sailors Spend a Night onboard Korean Minelayer
Business & Finance

GALLERY: Australian Sailors Spend a Night onboard Korean Minelayer

Republic of Korea Ship (ROKS) Won San has rolled out the red carpet for Royal Australian Navy sailors during the Western Pacific Naval Symposium (WPNS) Mine Counter Measures and Diving Exercise 2014 (MCMEX 14) in New Zealand. Members of the Australian MCM Diving Detachment, drawn from HMAS Diamant

about 12 years ago
Top News of the Week Mar 3 – 9, 2014
Business & Finance

Top News of the Week Mar 3 – 9, 2014

Russia Sinks Ship to Block Ukrainian Navy Ships The Russian Navy Ochakov Kara-class cruiser was sunk last night to block the Ukrainian Navy ships deployed in Novoozerne, the Ukrainian Ministry of Defence said in a press release today. The information was confirmed by the Ukrainian military of the So

about 12 years ago
Raytheon Lands USD 350 Mln SM3 Block IB Missiles Contract (USA)
Business & Finance

Raytheon Lands USD 350 Mln SM3 Block IB Missiles Contract (USA)

The Missile Defense Agency awarded Raytheon Company $350 million to increase its procurement of Standard Missile-3 Block IB missiles from 8 to 44. The additional funding increases the FY14 award to $506 million for the procurement of 44 Standard Missile-3 Block IB guided missiles. The SM-3 is desi

about 12 years ago
FS Siroco Conducts Training with Seychelles Coast Guard
Business & Finance

FS Siroco Conducts Training with Seychelles Coast Guard

During FS Siroco’s port visit to the Seychelles, 20 trainees from the Basic Training course for the Seychelles Coast Guard embarked for electronic navigation equipment training. The training was supported by staff from EUCAP Nestor. The trainees received practical and theoretical instruction in ho

about 12 years ago
Serbian AVPD Completes Protection of WFP Ship MV Caroline Scan
Business & Finance

Serbian AVPD Completes Protection of WFP Ship MV Caroline Scan

A recent Operation Atalanta medal parade held in Djibouti marked the end of the Serbian Autonomous Vessel Protection Detachments (AVPD) tenure with the EU Naval Force. The Operation Atalanta medal parade was conducted by the Officer in Charge of the Djibouti Support Element Atalanta (SEA) Commande

about 12 years ago
US Navy Official: Tough Choices Made in 2015 Budget Request
Business & Finance

US Navy Official: Tough Choices Made in 2015 Budget Request

The U.S. Navy Department’s fiscal year 2015 budget request reflects tough, but responsible choices, a senior Navy official said at a Pentagon news conference on Wednesday. The budget request is part of the $495.6 billion defense budget proposal the U.S. President Barack Obama submitted to Congress

about 12 years ago
Australian Warship Saves Fishermen off Pakistan’s Coast
Business & Finance

Australian Warship Saves Fishermen off Pakistan’s Coast

Only 10 days into her operational deployment, HMAS Darwin, in cooperation with Pakistan Maritime Security Agency Ship MSS Nusrat, has come to the rescue of 13 fishermen found adrift at sea off Pakistan. The men were discovered last Saturday, 1 March. The men, who claimed to be Iranian nationals, s

about 12 years ago
USA: Fiscal Year 2015 Navy Budget Proposal Released
Business & Finance

USA: Fiscal Year 2015 Navy Budget Proposal Released

The U.S. Department of the Navy released its proposed $148 billion budget for fiscal year 2015 (FY15), March 4. The budget is part of the $495.6 billion defense budget U.S. President Barack Obama submitted to Congress the same day. Rear Adm. William Lescher, Deputy Assistant Secretary of the Navy

about 12 years ago
Hetman Sahaydachny Enters Black Sea
Business & Finance

Hetman Sahaydachny Enters Black Sea

The Ukrainian Navy’s flagship Hetman Sahaydachny passed through the Dardanelles Tuesday steaming her way toward the Black Sea, as informed by the Ukrainian Government yesterday. The frigate met up with the Turkish boat Ruşen Bey in the strait and soon passed through the Bosporus and entered the wa

about 12 years ago
NNS Bags USD 1.2 Bln John F. Kennedy Contract
Business & Finance

NNS Bags USD 1.2 Bln John F. Kennedy Contract

Huntington Ingalls Industries’ Newport News Shipbuilding division has received a $1.295 billion extension to a previously awarded construction preparation contract for the aircraft carrier John F. Kennedy (CVN 79). The contract extension enables Newport News to complete an additional 343 structura

about 12 years ago
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