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Business & Finance

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ContractsCapital InvestmentsVesselsAuthoritiesShipbuildingSubmarinesFundingContracts & TendersEquipment & technologyTraining & EducationWeapons SystemsSurface VesselsOperationsUUV/UAVResearch & DevelopmentDefense StrategiesAmphibious & Support ShipsResearch & InnovationPropulsion
US Navy contracts BAE Systems for submarine propulsor delivery
Business & Finance

US Navy contracts BAE Systems for submarine propulsor delivery

The U.S. Navy has awarded BAE Systems a $72 million contract to produce and deliver propulsor systems for Block IV Virginia-class (SSN 774) submarines. The contract’s value could eventually amount to $162.9 million if all options are exercised. “The propulsor contributes significantly to the overall

about 10 years ago
Most Read News, April 18 – 24, 2016
Business & Finance

Most Read News, April 18 – 24, 2016

Australia starts unrolling shipbuilding plans Austal, the West Australian shipbuilding company, is the first to benefit from the Australian shipbuilding program outlined in the recently released Defence White Paper. US Navy constructs unique pier U.S. Navy units started the construction of the Eleva

about 10 years ago
US Navy Promotes Resiliency Afloat and Ashore for Earth Day
Business & Finance

US Navy Promotes Resiliency Afloat and Ashore for Earth Day

US Navy commands worldwide are observing Earth Day in April through events and activities that demonstrate good environmental stewardship among Sailors and civilian personnel. Events range from tree plantings to shoreline and neighborhood base cleanups, nature tours, school presentations and recycli

about 10 years ago
U.S. committee calls for bringing shipbuilding funding to Reagan era levels
Business & Finance

U.S. committee calls for bringing shipbuilding funding to Reagan era levels

The Seapower Subcommittee, an arm of the U.S. House Armed Services Committee, wants the U.S. Navy’s shipbuilding budget to be increased to $20,6 billion which, if authorized, would be the highest level of shipbuilding funding, accounting for inflation, since President Reagan was in office. The subco

about 10 years ago
Philippine armed forces host Balikatan 2016
Business & Finance

Philippine armed forces host Balikatan 2016

The Philippine armed forces are hosting this year’s Balikatan which is set to run from April 4 – 16 in the province of Antique, Philippines. Balikatan is an annual multi-layered exercise between the Philippines and the U.S. Pacific Command which spans humanitarian and civic assistance events, and jo

about 10 years ago
US Navy funds DDG 124 destroyer construction
Business & Finance

US Navy funds DDG 124 destroyer construction

The U.S. Navy has awarded General Dynamics a $644.3 million contract modification for the planning and construction of Harvey C. Barnum (DDG 124) Arleigh Burke-class destroyer. This modification fully funds this ship, which was awarded as part of a multi-year competition for DDG 51 class destroyers

about 10 years ago
US Navy works with Coast Guard for joint fisheries patrol
Business & Finance

US Navy works with Coast Guard for joint fisheries patrol

USS William P.Lawrence, an Arleigh Burke-class guided-missile destroyer of the U.S. Navy, recently embarked a Coast Guard law enforcement detachment to conduct fisheries patrols in the Central and South Pacific Ocean. The patrols were conducted within the Oceania Maritime Security Initiative. Willia

about 10 years ago
US, ROK Navy exercise Ssang Yong 2016 in video
Business & Finance

US, ROK Navy exercise Ssang Yong 2016 in video

Ssang Yong 2016…a multilateral, amphibious exercise in South Korea that strengthens Marine Corps and Naval integration…view the highlights! See how MSC ships played a crucial role in this exercise. #SsangYong16 #PacificRebalance #MSCdelivers Posted by U.S. Navy's Military Sealift Command on Sunday,

about 10 years ago
US, ROK Navy kick off exercise Ssang Yong 16
Business & Finance

US, ROK Navy kick off exercise Ssang Yong 16

Soldiers from the U.S., Australia, New Zealand and Republic of Korea, along with the Bonhomme Richards strike group and ROK Navy vessels started exercise Sang Yong 16 in the Republic of Korea on March 9. Ssang Yong, which translates to “Twin Dragons,” is a biennial combined exercise conducted by Nav

about 10 years ago
UK advances Successor submarine programme funding
Business & Finance

UK advances Successor submarine programme funding

UK’s Defence Secretary Michael Fallon on March 3 announced additional £642 (approx. $907.2M) million of investment for the Successor submarine programme. New parts and facilities, as well as further design work will be funded by the latest investment which will help to progress work on the four new

about 10 years ago
Change of Command on USS Rushmore
Business & Finance

Change of Command on USS Rushmore

Sailors onboard the U.S. Navy dock landing ship USS Rushmore (LSD 47) held a change of command ceremony at Naval Base San Diego, March 1. With the traditional exchange of salutes, Cmdr. Thomas S. Stephens turned over command of Rushmore to Cmdr. Sarah H. DeGroot, who had previously served as the shi

about 10 years ago
US eyeing accelerated construction of new LX(R) amphibious ships
Business & Finance

US eyeing accelerated construction of new LX(R) amphibious ships

The new LX(R) line of U.S. Navy amphibious combat ships could be built faster than the LPD line and could be procured as early as 2018, a U.S. Senate Defense Appropriations Subcommittee hearing indicated on March 2. U.S. Senator Thad Cochran chaired the hearing to review the FY2017 budget request fo

about 10 years ago
Singapore hosts Pacific Partnership 2016 planning conference
Business & Finance

Singapore hosts Pacific Partnership 2016 planning conference

Representatives of the U.S. Navy and other Pacific Partnership nations gathered in Singapore February 22-26 for a planning conference in preparations for the 2016-mission. Now in its 11th year, Pacific Partnership is the largest annual multilateral humanitarian assistance and disaster relief prepare

about 10 years ago
US naval reactors program keeps Kesselring, Knolls sites going
Business & Finance

US naval reactors program keeps Kesselring, Knolls sites going

U.S. President Barrack Obama has included a $1.42 billion request for federal funding of the nation’s naval reactors program in his 2017 budget request. This means that the Kenneth A. Kesselring site and the Knolls Atomic Power Laboratory, two sites involved in the naval program will be maintained a

about 10 years ago
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