General Dynamics Acquires CSRA
General Dynamics has completed its acquisition of CSRA Inc. The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per…
General Dynamics wins Columbia-Class Submarine Deal
The U.S Navy has awarded General Dynamics Electric Boat a $126.1 million contract modification to continue development of the Common Missile Compartment for the U.S.
BTMU to Refinance Two K-Line Vessels
Watson Farley & Williams (WFW) has advised The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Japan’s largest bank, as facility agent for a syndicate of international lenders comprising itself…
Vard Inks LOI for Viking Cruise Vessels
Fincantieri subsidiary Vard Holdings Limited has signed a Letter of Intent for the design and construction of two special cruise vessels for Viking, with an option for two more vessels.
Hamburg Süd, Electrolux partner for SO2 Reductions
Hamburg Süd and its Swedish customer Electrolux are teaming up to reduce sulfur dioxide emissions in ports. During its layovers in Manzanillo, Mexico; Callao, Peru…
World's First Autonomous Shipping Company Formed
The road toward autonomy has taken a major step with the announcement that Wilhelmsen and Kongsberg are collectively taking the next step in autonomous shipping by offering a complete value chain for autonomous ships, from design and development, to control systems, logistics services and vessel operations. The new venture is dubbed "Massterly". What is Massterly? The Massterly plan is to have land-based control centers monitor and operate autonomous ships globally…
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