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Business & Finance

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2017 is the year of the navy, British MoD says
Business & Finance

2017 is the year of the navy, British MoD says

The British Ministry of Defence said that 2017 is set to be the year of the Royal Navy as it prepares to welcome new ships to the fleet. “We are investing billions in growing the Royal Navy for the first time in a generation with new aircraft carriers, submarines, frigates, patrol vessels and aircra

about 9 years ago
ITS Carabiniere starts ‘Italian industry showcase’ deployment
Business & Finance

ITS Carabiniere starts ‘Italian industry showcase’ deployment

The Italian Navy’s Bergamini-class frigate ITS Carabiniere left the Italian port of La Spezia for an ‘Italian industry showcase’ deployment to Australia and Southeast Asia. ITS Carabiniere is a FREMM frigate built for the Italian Navy by Fincantieri within the framework of an Italo-French cooperatio

about 9 years ago
Boeing gets $207M for Harpoon missile production
Business & Finance

Boeing gets $207M for Harpoon missile production

The U.S. Naval Air Systems Command has awarded Boeing a $207.5 million contract to produce 51 Harpoon weapon systems components, and spares for the governments of Egypt, Korea and Brazil. Egypt is getting 20 of the anti-ship missile systems, South Korea 19 and Brazil 12. The countries are acquiring

about 9 years ago
Fincantieri establishes Australian subsidiary
Business & Finance

Fincantieri establishes Australian subsidiary

Italian shipbuilder Fincantieri said it has established an Australian subsidiary and announced the opening of a new Australian headquarters in Canberra soon. Fincantieri was short-listed by the Australian government to bid to design and build nine, new frigates for the Royal Australian Navy (RAN). D

about 10 years ago
USS George Washington prepares for four-year break after 25 years of service
Business & Finance

USS George Washington prepares for four-year break after 25 years of service

U.S. Navy’s nuclear-powered aircraft carrier USS George Washington (CVN 73) is preparing to take an extended 40-plus-month break for its Refueling Complex Overhaul (RCOH) maintenance period after nearly 25 years of service. Throughout the first 25 years of an aircraft carrier’s life, it goes through

about 10 years ago
Australia, France officially sign Australia’s Future Submarine deal
Business & Finance

Australia, France officially sign Australia’s Future Submarine deal

Australia and France have officially signed an agreement on Australia’s Future Submarine program that will see French shipbuilder DCNS build 12 Shortfin Barracuda submarines for the Australian Navy. Australian Minister for Defence, Senator the Hon Marise Payne and France’s Minister of Defence, Mr Je

about 10 years ago
US Navy assessment backs Trump’s 350-plus ship plan
Business & Finance

US Navy assessment backs Trump’s 350-plus ship plan

A U.S. Navy report on its future naval force requirements is in line with U.S. president Donald Trump’s plans of building a 350-plus ship navy. Trump announced the goal of a 350-ship navy during a speech in September when he said his plan was based on a 2014 Pentagon quadrennial review of projected

about 10 years ago
Australian Civmec unveils plans for new naval shipbuilding facility
Business & Finance

Australian Civmec unveils plans for new naval shipbuilding facility

Australian heavy engineering company Civmec Limited has unveiled plans for its new shipbuilding facility that will be primarily targeted at naval defence projects. The ground-breaking ceremony took place in Henderson on September 16 and was attended by the Premier of Western Australia Colin Barnett.

about 10 years ago
RFA Mounts Bay completes marathon deployment
Business & Finance

RFA Mounts Bay completes marathon deployment

Home with just seven days to spare before Christmas Day are the sailors and Royal Marines on RFA Mounts Bay which has completed a marathon deployment in the Mediterranean. The amphibious support ship has been away from home for 349 days as one of the first vessels to deploy in 2016… and last to retu

about 10 years ago
Australian Navy launches second Hobart class destroyer
Business & Finance

Australian Navy launches second Hobart class destroyer

The second Hobart class destroyer marked a major milestone in its construction when she was officially named Brisbane and launched in Adelaide on 15th of December. Mrs Robyn Shackleton, wife of former Chief of Navy and Commanding Officer of HMAS Brisbane II, Vice Admiral David Shackleton (retired),

about 10 years ago
HMAS Choules gets new commander
Business & Finance

HMAS Choules gets new commander

Landing ship, HMAS Choules is under new management with Commander Chris Aulmann handing over the weight to Commander Dave Graham, while in the vicinity of Cairns, Queensland recently. During his time at the helm, between November 2014 and December 2016, Commander Aulmann and the crew spent 318 days

about 10 years ago
Operation Atalanta marks eight years of existence
Business & Finance

Operation Atalanta marks eight years of existence

This week the European Union is marking eight years since it launched its first ever maritime military operation, EU NAVFOR Somalia – Operation Atalanta, in response to a surge in armed pirate attacks on merchant ships and other vessels in the Gulf of Aden and Indian Ocean. Back in 2008, increasingl

about 10 years ago
French Navy aviso leaves EU’s migrant crisis operation in Mediterranean Sea
Business & Finance

French Navy aviso leaves EU’s migrant crisis operation in Mediterranean Sea

French Navy aviso FS Commandant l’Herminier bid farewell to EUNAVFOR’s Mediterranean Sea operation Sophia last weekend. The ship contributed to the prevention of arms and migrant smuggling since she joined the mission on November 12. During her time with the operation, Commandant l’Herminier was inv

about 10 years ago
Australia contracts BAE Systems for air warfare destroyer maintenance
Business & Finance

Australia contracts BAE Systems for air warfare destroyer maintenance

Shipbuilder BAE Systems has been awarded a five year, $70 million contract to maintain the Australian Navy’s new air warfare destroyers. The announcement was made Friday by the Australian minister for defence industry Christopher Pyne. The contract will see BAE Systems manage the delivery of support

about 10 years ago
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