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Business & Finance

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Australia, New Zealand complete Tasman Sea shipping protection drill
Business & Finance

Australia, New Zealand complete Tasman Sea shipping protection drill

Royal Australian and New Zealand Naviy personnel took part in a week long exercise recently honing their skills in responding to piracy activities on commercial shipping surrounding fictitious countries in the Tasman Sea. Exercise Goanna 18 drew on lessons learnt from RAN and RNZN deployments in dom

about 8 years ago
US Navy welcomes MQ-4C Triton into service
Business & Finance

US Navy welcomes MQ-4C Triton into service

The US Navy officially welcomed the MQ-4C Triton unmanned aircraft system to the fleet with a ceremony on May 31. The ceremony marked the start of flight operations, seven months after the US Navy received its first operational Triton from Northrop Grumman in November 2017. Naval Base Ventura County

about 8 years ago
Australia’s second AWD destroyer completes Category 5 sea trials
Business & Finance

Australia’s second AWD destroyer completes Category 5 sea trials

Australia’s second air warfare destroyer ‘Brisbane’ recently completed her Category 5 (CAT 5) sea trials off the coast of Adelaide, the Royal Australian Navy has announced. The destroyer got underway for the trials in November 2017. The Air Warfare Destroyer Alliance which is in charge of delivering

about 8 years ago
Four newcomers joining 26-nation naval drill RIMPAC 2018 off Hawaii
Business & Finance

Four newcomers joining 26-nation naval drill RIMPAC 2018 off Hawaii

The world’s largest international naval exercise – Rim of the Pacific (RIMPAC) – will be hosting 26 nations, 47 surface ships, five submarines, 18 national land forces, and more than 200 aircraft and 25,000 personnel for maneuvers, the US Navy has announced. The exercise is scheduled to take place b

about 8 years ago
Austal launches first of 21 new Pacific Patrol Boats
Business & Finance

Austal launches first of 21 new Pacific Patrol Boats

Australian shipbuilder Austal on May 30 announced that the first of overall 21 Pacific Patrol Boats was launched after officially starting construction in April 2017. The first vessel in the class is scheduled for delivery to Papua New Guinea in late October 2018. The boats are also known as the Gua

about 8 years ago
Australian frigate underway for Asia Pacific deployment, exercise RIMPAC
Business & Finance

Australian frigate underway for Asia Pacific deployment, exercise RIMPAC

Royal Australian Navy frigate HMAS Melbourne departed her home port of Fleet Base East bound to start a seven month deployment to the South West Pacific and North East Asia. Melbourne’s deployment will include participation in the second iteration of Indo-Pacific Endeavour, exercise Kakadu in Austra

about 8 years ago
Luerssen, Civmec form “Australian Maritime Shipbuilding and Export Group” joint venture
Business & Finance

Luerssen, Civmec form “Australian Maritime Shipbuilding and Export Group” joint venture

German shipbuilder Luerssen – the prime contractor in the Australian SEA 1180 offshore patrol vessel program – has formed a joint venture with Australian engineering and defense contractor Civmec. The joint venture will be called the Australian Maritime Shipbuilding and Export Group and will play a

about 8 years ago
Fincantieri signs MoU with University of Adelaide
Business & Finance

Fincantieri signs MoU with University of Adelaide

The Australian branch of the Italian shipbuilder Fincantieri announced it has signed a Memorandum of Understanding (MOU) with the University of Adelaide to develop a collaborative program of education and research co-operation. CETENA, a subsidiary company of Fincantieri, which undertakes research a

about 8 years ago
HMAS Warramunga makes two more drug hauls in Arabian Sea
Business & Finance

HMAS Warramunga makes two more drug hauls in Arabian Sea

Royal Australian Navy frigate HMAS Warramunga has continued her drug interception streak with an additional two hauls of illicit narcotics in the Arabian Sea. The narcotics were intercepted following boarding operations in international waters of the Arabian Sea this week and are valued at approxima

about 8 years ago
Australia’s ASC starts digital transformation program
Business & Finance

Australia’s ASC starts digital transformation program

Australian submarine and warship builder ASC has announced the launch of a digital transformation program which will help apply new technology and innovation to the state-owned shipbuilder’s defense programs. ASC expect the transformation program to have flow-on effects for Australian and overseas s

about 8 years ago
Royal Navy’s Dreadnought submarines facing £2.9b funding gap
Business & Finance

Royal Navy’s Dreadnought submarines facing £2.9b funding gap

The UK defense ministry’s program for the development of a new class of nuclear missile submarines and Trident nuclear program renewal is facing a £2.9b “affordability gap”, a review by spending watchdog National Audit Office (NAO) has found. This is in addition to the pressure faced by the defense

about 8 years ago
Australia assumes intellectual property of AWD destroyers
Business & Finance

Australia assumes intellectual property of AWD destroyers

Spain’s Navantia S.A. transferred the intellectual property for the Hobart-class family of warships to Navantia Australia, giving Australia sovereign control over its air warfare destroyer (AWD) capability. Navantia S.A. chairman José Esteban Garcia Vilasanchez formally transferred the intellectual

about 8 years ago
Final Pacific Partnership mission stops begin in Vietnam, Thailand
Business & Finance

Final Pacific Partnership mission stops begin in Vietnam, Thailand

Naval personnel aboard US Navy hospital ship USNS Mercy and fast transport ship USNS Brunswick have arrived in Vietnam and Thailand for the final mission stops of this year’s edition of the international humanitarian and disaster response exercise Pacific Partnership. Engagements kicked off in Khanh

about 8 years ago
Bersama Shield 2018 concludes off Singapore, Malaysia
Business & Finance

Bersama Shield 2018 concludes off Singapore, Malaysia

The bi-annual Five Power Defence Arrangements (FPDA)-nation exercise Bersama Shield took place in the sea and skies of Malaysia and Singapore and concluded May 15. Australia, Malaysia, New Zealand, Singapore and the United Kingdom participated in the exercise, focusing on the conduct of a combined j

about 8 years ago
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