Capital Investments
UK: Converteam Delivers First Aircraft Carrier Motor for HMS Queen Elizabeth
Power conversion specialist Converteam has completed delivery of the first of the propulsion motors for the Royal Navy’s Queen Elizabeth Class (QEC) aircraft carriers as a part of the company’s contract to design and supply major components of the electric propulsion systems for the two new ships. A
UK: Royal Navy’s Type 23 Frigate to Get New Lease of Life
The Royal Navy’s Type 23 frigate, HMS Lancaster, is undergoing an extensive refit at Portsmouth Naval Base as part of a £17.9 million contract with BAE Systems, reflecting the Company’s continued growth in support services. The mid-life upkeep will significantly upgrade the capability of the 20 year
Russian Navy to Get About USD 176.82 Billion for Modernization
It is planned to appropriate about RUR 5 trillions for modernization of Russian Navy, said Vice Premier Sergei Ivanov at the press conferenc… (rusnavy) [mappress] Source: rusnavyMarch 23, 2011;
UK: BAE Systems Wins USD 22.5 Million Seven-year Contract
The Ministry of Defence has awarded BAE Systems a £22.5m, seven-year contract to support the Royal Navy’s Submarine and Mine Warfare Command… By James Thompson (independend) [mappress] Source: independend,March 21, 2011;
Russian Navy Plans to Fire Test Bulava Submarine-launched Ballistic Missile in June
This year’s first test launch of the Bulava submarine-launched ballistic missile will take place in June from the Yuri Dolgoruki submarine… (ruvr) [mappress] Source: ruvr, March 18, 2011;