Business

August 2, 2012

General Dynamics completes acquisition of Earl Industries’ ship repair division

July 31, General Dynamics completed its acquisition of the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship-repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The acquisition is expected to be accretive to General Dynamics’ earnings in 2013.

“The acquisition of the Ship Repair and Coatings Division of Earl Industries enhances our ability to compete in the growing naval ship-repair market,” said Fred Harris, president, General Dynamics NASSCO. “We have added a solid team with a successful track record that will strengthen our ability to deliver cost-effective maintenance and repair services to the U.S. Navy.”

The Ship Repair and Coatings Division of Earl Industries is a prime contractor for nuclear aircraft carrier multi-ship, multi-option contracts. MSMO contracts provide for maintenance, modernization and repair to all ships of a class in specific homeport areas. The company also provides maintenance and repair services to frigates and other classes of naval ships. It now becomes part of the shipbuilding and repair operations of San Diego-based General Dynamics NASSCO, a leading provider of ships to the Navy and a major producer of Jones Act commercial vessels.

General Dynamics NASSCO also is a prime contractor for MSMO contracts for Navy combat and support ships, including frigates, dock landing ships, amphibious transport ships and amphibious assault ships.




All of this week's top headlines to your email every Friday.


 
 

 

Pratt & Whitney, U.S. Air Force complete qualification for F135 engine testing

Pratt & Whitney, a United Technologies Corp. , together with its U.S. Air Force partner at the F135 Heavy Maintenance Center at Tinker Air Force Base, Okla., celebrated another significant milestone qualification for F135 engine testing at the Oklahoma City Air Logistics Complex. OC-ALC which in addition to engine testing is also qualified to perform...
 
 

Raytheon begins building critical components for AN/TPY-2 ballistic missile defense radar

The Missile Defense Agency will soon have greater agility and capability in its fleet of AN/TPY-2 ballistic missile defense radars. Raytheon has begun construction of two major sub-components of the AN/TPY-2 under a $53 million contract announced by the Department of Defense on Sept 2. The units Raytheon is building will enable the MDA to...
 
 

Honeywell, Thales to offer next-gen high-speed in-flight connectivity to A350XWB

Honeywell Aerospace and Thales will work together to integrate Honeywell JetWave hardware with Thales cabin network solutions for Airbus A350XWB and other commercial aircraft. The combined offering will give commercial airline operators and their passengers the same connectivity experience in-flight as they would have at home or work ó enabling real-time TV channel viewing, live...
 

 

U.S. Navy awards General Dynamics $16 million for F/A-18 mission computers

General Dynamics Advanced Information Systems, a business unit of General Dynamics, has been awarded a $16.2 million contract by the U.S. Navy to produce Type-3 Advanced Mission Computers for the F/A-18 E/A-18G Super Hornet aircraft. Since 2002 General Dynamics has produced, tested and delivered the F/A-18 AMC, which serves as the nerve center of the...
 
 

Boeing, DLA partnership will improve war fighter logistics support

Boeing has received a $293 million performance-based contract from the Defense Logistics Agency to provide aircraft parts and support that will enable DLA to provide essential logistics support to warfighters more quickly and effectively. Boeing proposed a holistic partnership and transformational approach that fundamentally changes the way DLA and Boeing do business,î said Julie Praiss,...
 
 
NG-people

Northrop Grumman appoints vice president

Northrop Grumman has announced the appointment of Tarik Reyes as vice president, business development for its integrated air and missile defense division in its Information Systems sector, effective immediately. In this new rol...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>