South Australian-based company, Surveillance Australia, has been named as the tenderer for a billion dollar defense contract. If it wins the deal, the company will be responsible for Australian coastal patrols, as part of the federal coastal maritime surveillance program.
According to reports, the Coast Guard extended the contract for the troubled multibillion-dollar modernization program with Lockheed Martin Corp. and Northrop Grumman Corp. Despite internal and congressional scrutiny of the 25-year, $24b program dubbed Deepwater, the 43-month extension with the defense contracting joint venture, Integrated Coast Guard Systems, was expected. But the deal does not guarantee the award of any future task orders to ICGS and the value of the contract will be
The United States has filed suit against Newport News Shipbuilding Inc. alleging that the company knowingly mischarged the U.S. Navy on costs it incurred for work under commercial contracts from 1994 to 1999, the Justice Department announced today. The lawsuit alleges that the Newport News, Virginia-based company charged the Navy for independent research and development (IR&D) costs for double-hulled tankers that Newport News was building for commercial customers under existing contracts
Offshore Systems International Ltd. is progressing with the due diligence process to acquire a United States defense contracting company, and is well underway in negotiating definitive agreements for the transaction. OSI first announced a non-binding letter of intent to purchase the target company on July 11, 2005. "The process is going very well," said President and CEO John Jacobson. "Although it is taking longer than initially anticipated, discussions have
In Kiel, a German-made submarine, capable of launching nuclear weapons, has been handed over to the Israel Defence Forces An official ceremony to hand over to Israel a Dolphin-class submarine, which can carry nuclear weapons, took place in the German city of Kiel, according to Rianovosti. The German-made submarine, named Tanin ("alligator" in Hebrew), is due to enter service in 2013, when all tests are completed.
British Prime Minister Tony Blair said his government will take the needs of domestic shipbuilders into account when it awards a $475.1 million contract for naval ferries. "It is important we take this decision not just on best commercial grounds, but... the best grounds and interests of the shipbuilding industry in this country," he told parliament. But Blair, facing pressure from shipbuilders and oil industry workers fighting to stop the contract going abroad
Internatio-Mueller NV said its technology unit Imtech had won an order worth $35 million from British shipbuilder Swan Hunter. Imtech will provide technical systems for the first two of four amphibious transport ships which Swan Hunter, privately owned by Dutch millionaire Jaap Kroese, will build for the British Ministry of Defense. Negotiations are still taking place about similar orders for the two other vessels, Internatio said
GPC, Joint Venture, Irvine, Calif., is being awarded a maximum value $250,000,000 Department of Defense contract for services to manage, maintain and operate the emergency ship salvage material system (ESSM) and support the Navy's oil and hazardous substances spill response program. The contractor will be responsible for the full-time manning and management of ESSM facilities, including inventory and periodic maintenance of equipment stored at ESSM complexes
Offshore Systems International has entered into a formal agreement to acquire a United States-based defense contracting company. The purchase price will be $9 million, of which approximately $8.1 million will be paid in cash, with the balance to be paid by the issuance of 1,067,975 OSI common shares. OSI first announced a non-binding letter of intent to acquire the target company on July 11, 2005. The target company reported revenues of approximately $12 million
FDGM, the Northern Virginia subsidiary of Italian engine manufacturer Isotta Fraschini, has been awarded a U.S. Department of Defense contract to supply spare parts items for the non-magnetic diesel engines in the U.S. Navy mine sweeper fleet. Managed by Defense Supply Center in Columbus, Ohio, the contract also includes spare parts items for Defense Logistics Agencies in Richmond and Philadelphia, as well as the Navy Inventory Control Point (NAVICP) in Mechanicsburg, PA
Austal inform that its USA’s order backlog has grown by approximately US$684-million dollars as a result of two additional Littoral Combat Ship (LCS) contract options being exercised by the United States Navy. The contract options fund construction of the LCS 18 and LCS 20
The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.S. Defense Department said on Monday. Lockheed won a contract valued at $699 million to build two more of its steel monohull-design
The US Department of Defense, Navy, inform that Vigor Shipyards Inc., Seattle, Wash., is being awarded a $30,703,417 cost-plus-incentive-fee, cost-plus-award-fee contract to definitize a previously awarded undefinitized contract action (N00024-11-C-4401) for repair and alteration of naval assets
According to multiple media reports including The Sydney Morning Herald (smh.com.au) as well as Ministry of Defense of Ukraine, the the Russian Navy reportedly sank one of its own, junked vessels to create an obstacle, a Ukrainian official claimed.
The U.S. military carried out freedom of navigation operations challenging the maritime claims of China, Iran and 10 other countries last year, asserting its transit rights in defiance of efforts to restrict passage, a Pentagon report said on Thursday.
Raytheon Company says it is to provide the U.S. Navy with AN/AQS-20A minehunting sonar systems and equipment. The system leverages advanced sonar technologies to support the Navy's critical minehunting missions, ensuring safe access and passage for military and civilian vessels on the world's
The Defense Science and Technology Organization (DSTO) and Lockheed Martin Australia have signed a new strategic alliance to collaborate on a range of technologies for strengthening defense and national security. The agreement was signed for DSTO by the Chief Defence Scientist Dr
The newly launched program for the 12th International Naval Engineering Conference and Exhibition – INEC 2014, being held at the Marine Establishment Amsterdam in the Netherlands (May 20-22, 2014) features an incomparable line-up drawn from over a dozen countries speaking to the theme
By Andrea Shalal, Reuters Defense Secretary Chuck Hagel's decision to stop building the current class of coastal warships after 32 vessels and focus on ships with more firepower and protection will result in higher costs, U.S. defense officials said on Monday.
"This updated Navy Arctic Roadmap prepares the U.S. Navy to respond effectively to future contingencies, delineates the Navy's Arctic leadership role within the Defense Department, and articulates the Navy's support to achieve national priorities
By Medina Roshan, Reuters Defense lawyers for the Saudi man charged with masterminding the 2000 USS Cole bombing that killed 17 American sailors argued on Friday he should not face the death penalty because the murders were not premeditated.
Ghana's Chief of Naval Staff, Rear Admiral GW Biekro, is convening a conference of senior international Admirals and naval experts to find solutions to further providing security in the Gulf of Guinea. Attending, the Coastal and Maritime Surveillance Africa (CAMSA) summit March 17-20 in Accra
The U.S. Army Corps of Engineers, Omaha District has awarded two separate contracts to URS Corporation for environmental remediation work at military facilities in Utah and Kansas. At McConnell Air Force Base in Wichita, Kansas, URS will investigate
The McLean Group announced that it acted as the exclusive mergers and acquisitions (M&A) advisor to 3 Phoenix, Inc. (3 Phoenix) in its sale to Ultra Electronics Holdings plc (Ultra) for an initial cash consideration of $70 million. Additional payments of up to $17 million will be due subject
The US Department of Defense has issued a Navy contract modification to BAE Systems Land and Armaments L.P., Louisville, Ky., to support manufacture of propulsors for two Virginia-class nuclear submarines. The $15,222,617 modification to a previously awarded contract (N00024-09-C-4137) has been