Huntington Ingalls Industries (NYSE:HII) reports that its Ingalls Shipbuilding division has received a contract modification from the U.S. Navy worth $107 million to provide long-lead-time material and advance procurement activities for amphibious assault ship LHA 9. “The amphibious warship production line is a critical component of our nation’s defense industrial base,” Ingalls Shipbuilding President Kari… Read More
Bollinger Shipyards, a privately-held leading designer and builder of steel military and commercial vessels for the past three quarters of a century, has acquired Gulf Island Fabrication, Inc.’s Shipyard facilities, expanding Bollinger’s new construction and repair capacity and capabilities to better serve its key defense and commercial customers. Financial terms of the transaction were not… Read More
A UK engineering firm known for its world-first innovations is part of a European consortium developing pioneering technology for the shipping industry. Forth, based in Cumbria, is working with 12 other companies and organisations across Europe to develop in-water Friction Stir Welding technology to revolutionise the way ships hulls are repaired. Partners from the UK,… Read More
YOKOSUKA, Japan – Ship Repair Facility and Japan Regional Maintenance Center was recently awarded with the Chief of Naval Operations’ Shore Safety Award for fiscal year 2020, medium industrial category. The annual award recognizes shore-based Naval activities with demonstrably excellent safety records while sustaining mission readiness. SRF-JRMC was one of three award recipients from the… Read More
Arcadis reports strong first quarter results and continued good order intake Continued strong demand from clients in Infrastructure, Water and Environment Net revenues at €632 million, organic growth of 0.5%, FX impact of -4.5% Order intake at €693 million, organic backlog growth at 3% quarter-to-date Operating EBITA increased with 21% to €58 million (Q1 2020:… Read More
