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Capital Investments

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US Navy Secretary John C. Phelan steps down, ‘effective immediately’
Capital Investments

US Navy Secretary John C. Phelan steps down, ‘effective immediately’

A sudden leadership change has been announced at the top of the US Navy, with Secretary of the Navy John C. Phelan departing the administration effective immediately, according to a statement shared by Pentagon spokesperson Sean Parnell.

about 6 months ago
Anduril, Kraken Technology join hands on mission-ready unmanned vessels
Capital Investments

Anduril, Kraken Technology join hands on mission-ready unmanned vessels

Defense technology giant Anduril Industries and autonomous maritime technology company Kraken Technology Group have partnered to develop and deliver a capable, scalable, and mission-ready unmanned fleet.

about 6 months ago
US Navy seeks $65.8 billion to build 34 ships, including next-gen battleships
Capital Investments

US Navy seeks $65.8 billion to build 34 ships, including next-gen battleships

The Department of the Navy has unveiled a sweeping FY2027 budget request seeking $65.8 billion in shipbuilding funds to procure 34 vessels.

about 6 months ago
US Navy taps GA-ASI for next-gen CAMP project
Capital Investments

US Navy taps GA-ASI for next-gen CAMP project

General Atomics Aeronautical Systems (GA-ASI) has been selected by the US Navy’s Naval Air Systems Command (NAVAIR) PMA-281 for the Collaborative Autonomy Mission Planning and Debrief (CAMP) project.

about 6 months ago
US Navy fires laser weapon from aircraft carrier, destroys drones in ‘historic’ test
Capital Investments

US Navy fires laser weapon from aircraft carrier, destroys drones in ‘historic’ test

The US Navy has tested a high-energy laser weapon aboard the Nimitz-class aircraft carrier USS George H.W. Bush (CVN-77), destroying multiple drones in a landmark demonstration.

about 6 months ago
Another US aircraft carrier struck by onboard fire
Capital Investments

Another US aircraft carrier struck by onboard fire

Another US aircraft carrier has suffered a fire while undergoing maintenance in Virginia, following a similar incident aboard the USS Gerald R. Ford.

about 6 months ago
World’s largest warship breaks record for longest modern deployment
Capital Investments

World’s largest warship breaks record for longest modern deployment

The world’s largest aircraft carrier, USS Gerald R. Ford (CVN 78), has broken the record for the longest post-Vietnam War-era deployment.

about 6 months ago
US Navy awards $183M repair contract for USS Truxtun following collision at sea
Capital Investments

US Navy awards $183M repair contract for USS Truxtun following collision at sea

The US Navy has awarded a major maintenance and modernization contract for its guided-missile destroyer USS Truxtun (DDG 103) after the vessel was involved in a collision during a refueling operation at sea.

about 6 months ago
Shipbuilding majors discuss expanded naval collaboration in Canada
Capital Investments

Shipbuilding majors discuss expanded naval collaboration in Canada

Hanwha Ocean, the South Korean shipbuilding giant, met with Irving Shipbuilding in Halifax for high-level discussions on potential collaboration spanning naval sustainment, workforce development, industrial participation, supply chain development, and facility modernization.

about 6 months ago
US Navy to retire USS Boise, redirect funds for new submarine classes
Capital Investments

US Navy to retire USS Boise, redirect funds for new submarine classes

The US Navy has revealed its decision to inactivate the Los Angeles-class attack submarine USS Boise (SSN 764).

about 6 months ago
US Navy’s new Arleigh Burke-class guided-missile destroyer enters service
Capital Investments

US Navy’s new Arleigh Burke-class guided-missile destroyer enters service

The US Navy has welcomed a new Arleigh Burke-class guided-missile destroyer to the fleet, USS Harvey C. Barnum Jr. (DDG 124), during a commissioning ceremony at Naval Station Norfolk.

about 6 months ago
Credit: Hanwha Ocean
Capital Investments

Data Link Solutions nets US Navy MIDS JTRS contract worth up to $1 billion

Data Link Solutions (DLS), a joint venture between BAE Systems and Collins Aerospace, has been awarded a contract from the US Navy to provide the multifunctional information distribution system joint tactical radio system (MIDS JTRS).

about 1 year ago
Keel laid for US Navy’s new Flight III Arleigh-Burke-class destroyer
Capital Investments

Keel laid for US Navy’s new Flight III Arleigh-Burke-class destroyer

Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has laid the keel for the future USS Jeremiah Denton (DDG 129), a US Navy’s Flight III Arleigh-Burke class destroyer.

about 4 years ago
SM-3
Capital Investments

Pacific Dragon 22: USS Fitzgerald launches SM-3 Block IA

US Navy’s Arleigh Burke-class destroyer USS Fitzgerald (DDG 62) has launched a Standard Missile 3 (SM-3) Block IA as part of Pacific Dragon 22 (PD22), a biennial exercise in the Hawaiian Islands operating area.

about 4 years ago
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