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.


 
 

 
LM-C5

Double Deuce

A U.S. Air Force crew ferried the 22nd C-5M Super Galaxy from the Lockheed Martin facilities in Marietta, Ga., Aug. 25. Aircraft 86-0011 was ferried by a crew led by Maj. Gen. Dwyer L. Dennis, Director, Global Reach Programs, O...
 
 
Northrop Grumman photograph

First ever RQ-4 Global Hawk hits 100th flight on NASA mission

Northrop Grumman photograph A historical look at the first Global Hawk (AV1) during its maiden flight over Edwards Air Force Base, Calif., on Feb. 28, 1998. AV1 has made history again with its 100th flight in support of NASA en...
 
 

Northrop Grumman’s CIRCM system completes U.S. Army flight testing

Northrop Grumman’s Common Infrared Countermeasures system recently completed another round of U.S. Army testing by demonstrating its capabilities on a UH-60M Black Hawk helicopter. The flight test was conducted at Redstone Arsenal in Huntsville, Ala., by the Redstone Test Center. The Northrop Grumman CIRCM system was subjected to rigorous conditions over a six-week period, after...
 

 

USSOCOM signs a five-year framework contract for the Carl-Gustaf weapon system

Defense and security company Saab has signed a new framework contract with the U.S. Special Operations Command for the company’s Carl-Gustaf man-portable weapon system (in the U.S. named MAAWS; Multi-role, Anti-armor Anti-Personnel Weapon System). The contract is a follow on agreement to a previous five-year contract for the 84mm recoilless rifle system. In connection with...
 
 

RQ-4 Global Hawk demonstrates expanded mission capabilities

With several test flights this summer, the U.S. Air Force RQ-4 Global Hawk Wide Area Surveillance Unmanned Aircraft System proved its ability to operate with an expanded variety of intelligence exploitation ground stations and collect mission data in more places. The RQ-4 Global Hawk UAS is built by Northrop Grumman and is equipped with a...
 
 
boeing-jordan

Boeing celebrates delivery of Royal Jordanian’s first 787 Dreamliner

  Boeing and Royal Jordanian Aug. 27 celebrated the delivery of the airline’s first 787 Dreamliner. The airplane will play a central role in the Amman-based airline’s strategic plan for fleet modernization. Roy...
 




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>