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Business & Finance

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Australian ASC splits into three businesses
Business & Finance

Australian ASC splits into three businesses

Australian submarine and shipbuilder ASC announced October 11 that the Australian Government decided to separate the company into three businesses. According to the decision, ASC is splitting into separate shipbuilding, submarine sustainment and infrastructure companies. The board and management of

about 10 years ago
Ships get underway for sea phase of Bersama Lima 16
Business & Finance

Ships get underway for sea phase of Bersama Lima 16

Navy ships departed the Singaporean Sembawang Naval Base today to begin the naval component of exercise Bersama Lima 16, the Royal Australian Navy announced. The ships will operate out of the South China Sea for the next two weeks for maritime field training exercises. The at-sea phase will involve

about 10 years ago
Seoul hosts first Combined Mine Warfare Event
Business & Finance

Seoul hosts first Combined Mine Warfare Event

U.S. naval forces in Korea and the Republic of Korea Navy (ROKN) joined ten United Nations sending states in the first Combined Mine Warfare Event, hosted in Seoul, Republic of Korea between October 11-22. The event combines the third annual United Nations Command (UNC) naval component commander (NC

about 10 years ago
Australian Navy patrol boats undergo mid-life refit
Business & Finance

Australian Navy patrol boats undergo mid-life refit

Australian shipbuilder Austal has announced that it was contracted to deliver a mid-life remediation program to the Royal Australian Navy’s Armidale Class patrol boat (ACPB) fleet. The company said it would undertake a number of hull remediation and configuration changes as well as planned and corre

about 10 years ago
Australian Navy submarine returns from five-month deployment
Business & Finance

Australian Navy submarine returns from five-month deployment

Following a five month deployment to south-east Asia, Australian Navy submarine HMAS Sheean returned to Fleet Base West, in Rockingham, Western Australia last week. Sheean’s deployment included visits to Singapore, Kuantan, Subic Bay and Darwin as well as involvement in Exercise Kakadu, held in the

about 10 years ago
10 tonnes of WWII munitions destroyed in Solomon Islands during month-long mission
Business & Finance

10 tonnes of WWII munitions destroyed in Solomon Islands during month-long mission

A month-long multinational mine clearing operation has destroyed over 10 tonnes of World War II munitions in the Solomon Islands. Led by Australia, operation Render Safe aimed to remove explosive remnants of war which continue to pose a potential danger to local communities across the South West Pac

about 10 years ago
Photo of the day: First steel is cut for British Successor submarine
Business & Finance

Photo of the day: First steel is cut for British Successor submarine

British Defence Secretary Michael Fallon attended the steel cutting ceremony for the first Successor submarine yesterday at BAE Systems’ Barrow-in-Furness site. The event marked the official start of the production of four nuclear-powered ballistic missile submarines which will replace Royal Navy’s

about 10 years ago
Singapore-hosted Bersama Lima 2016 kicks off
Business & Finance

Singapore-hosted Bersama Lima 2016 kicks off

Singapore-hosted exercise Bersama Lima 2016 (BL16) was officially opened today at Changi Naval Base, Singapore. The combined joint military exercise runs until October 21 and involves the military forces from Australia, Malaysia, New Zealand, Singapore and the United Kingdom operating together under

about 10 years ago
European Border and Coast Guard Agency officially launched
Business & Finance

European Border and Coast Guard Agency officially launched

The European Border and Coast Guard Agency was officially launched today, September 6, less than a year after it was first proposed by the European Commission. The launch event took place at the Kapitan Andreevo Border Checkpoint at the Bulgarian external border with Turkey in the presence of Commis

about 10 years ago
Spanish patrol vessel Relámpago departs for operation Atalanta
Business & Finance

Spanish patrol vessel Relámpago departs for operation Atalanta

Spanish Navy offshore patrol vessel (OPV) Relámpago, departed its homeport of Las Palmas Naval Station in Canary Islands to integrate into EUNAVFOR’s counter-piracy operation Atalanta. Relámpago will join the Spanish frigate Santa Maria which is already part of the mission. Currently commanded by Du

about 10 years ago
GD Electric Boat gets $101M for Ohio-replacement submarine missile tubes manufacturing
Business & Finance

GD Electric Boat gets $101M for Ohio-replacement submarine missile tubes manufacturing

Electric Boat Corp., a subsidiary of General Dynamics, was awarded a not-to-exceed $101,295,930 contract modification for the manufacturing of 22 tactical missile tubes in support of the Ohio-class replacement. More specifically, Electric Boat is to deliver tactical missile tubes to support the manu

about 10 years ago
Spanish frigate trains with Seychelles Coastguard on port visit
Business & Finance

Spanish frigate trains with Seychelles Coastguard on port visit

Spanish Navy frigate ESPS Santa Maria, currently deployed to Operation Atalanta, has arrived in the Seychelles for a port visit. During the port visit ESPS Santa Maria sailors took the opportunity to conduct maritime training exercises with the Seychelles Coastguard and Maritime Police Unit. The tra

about 10 years ago
French frigate bolsters Operation Atalanta off the Horn of Africa
Business & Finance

French frigate bolsters Operation Atalanta off the Horn of Africa

French frigate La Fayette joined the EU Naval Forces’ counter-piracy mission in the Gulf of Aden and Indian Ocean on September 28. Two days later, Italian frigate, ITS Euro said goodbye to the mission after 190 days of operations. In addition to carrying out a number of counter-piracy patrols in the

about 10 years ago
UK starts construction of Successor nuclear submarines
Business & Finance

UK starts construction of Successor nuclear submarines

The United Kingdom is starting construction work on the next-generation nuclear-powered ballistic missile submarines. UK Defence Secretary Michael Fallon revealed this as he announced nearly £1.3 billion of funding was awarded to BAE Systems to start the ‘Delivery Phase 1’ of the Successor program.

about 10 years ago
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