Raytheon Company (NYSE:RTN) delivered the first Electronic Modular Enclosure (EME) for the Zumwalt-class destroyer (DDG 1000) to the U.S. Navy. EMEs are large subsystem assemblies that efficiently package the shock mitigation, electromagnetic interference protection…
Bourbon Offshore Maritima, formerly Delba Maritima Navegação, the Bourbon subsidiary in Brazil, signed contracts with Petrobras for 13 new vessels. The contracts cover:- One Bourbon Liberty 200, an 80-tonne traction AHTS (Anchor Handling Tug Supply vessel)…
1947-The first meeting of the permanent International Civil Aviation Organization was held in Montreal, Canada with the Coast Guard being represented by LT John M. Waters, USCG.1950-Congress approved the Uniform Code of Military Justice…
1944 - USS Comfort is commissioned in San Pedro, CA; first ship to be manned jointly by Army and Navy personnel1948 - VF-17A becomes first carrier qualified jet squadron (USS Saipan)1961 - CDR Alan Shepard Jr. makes first U.S. manned space flight…
Argus Subsea, which manufactures innovative subsea products for time-critical fields, announced the introduction of the AZ-15J subsea tree and wellhead system. Specially designed for jack-up mobile drilling units, the Argus AZ-15J is the world’s…
Northrop Grumman Corporation (NYSE:NOC) received a follow-on order from the U.S. Naval Sea Systems Command for additional AN/SPQ-9B shipboard radar systems. Under the fixed-price $41.4m contract option, Northrop Grumman's Maritime Systems facility in Melville…
According to a May 3 report from The Associated Press, Northrop Grumman Corp. said its first-quarter profit increased 20 percent, led by strong growth in shipbuilding. Business improved for nearly every sector in which the company operates, except for a 1% decline in information systems…
According to a May 3 report from The Straits Times, Chinese shipbuilder New Century Shipbuilding has launched its initial public offering (IPO) with plans to raise $666.4m, which will make it the largest listing in the market since CapitaMalls Asia's debut late last year…
GMT Composites recently shipped a twelve-legged carbon fiber antenna and instrument arch to Holland Jachtbouw (Zaandam, The Netherlands). This has just been installed on an in-build 140-ft aluminum superyacht, due for launching later this year…
Mystic Seaport has named Sarah Cahill its new director of museum education and outreach. She will begin June 7. Cahill will lead the Museum’s education department in the expansion of its public history educational programs. She will guide Mystic…
Ribcraft, manufacturer of professional grade rigid inflatable boats for law enforcement, safety professionals, and military agencies, announced the delivery of two Ribcraft 6.5's to the James City County Police Department in James City, Va.…
Baltic Trading Limited (NYSE: BALT) reported its financial results for the three months ended March 31, 2010. The following financial review discusses the results for the three months ended March 31, 2010. As expected, the company had no vessels in operation during the quarter…
Genco Shipping & Trading Limited (NYSE:GNK) reported its financial results for the three months ended March 31, 2010. The following financial review discusses the results for the three months ended March 31, 2010 and March 31, 2009.First…
Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, announced entry into a conditional purchase agreement to acquire Cuming Corporation…
Genco Shipping & Trading Limited (NYSE:GNK) announced that it has reached an agreement to sign a time charter for the Genco Predator, a 2005-built Supramax vessel, with Pacific Basin Chartering Ltd. for approximately 11 to 13.5 months at a rate of $22…