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.


 
 

 

News Briefs February 27, 2015

Ukraine will start pulling back heavy weapons in the east Ukraine’s military says it will start pulling back its heavy weapons from the front line with Russian-backed separatists as required under a cease-fire agreement. The Defense Ministry said in a statement Feb. 26 that it reserved the right to revise its withdrawal plans in the...
 
 

Northrop Grumman’s AstroMesh reflector successfully deploys for NASA’s SMAP satellite

The NASA Jet Propulsion Laboratory successfully deployed the mesh reflector and boom aboard the Soil Moisture Active Passive spacecraft, a key milestone on its mission to provide global measurements of soil moisture. Launched Jan. 31, SMAP represents the future of Earth Science by helping researchers better understand our planet. SMAP’s unmatched data capabilities are enabled...
 
 
NASA photograph by Brian Tietz

NASA offers space tech grants to early career university faculty

NASA photograph by Brian Tietz Tensegrity research is able to simulate multiple forms of locomotion. In this image, a prototype tensegrity robot reproduces forward crawling motion. NASA’s Space Technology Mission Director...
 

 
navy-china

USS Fort Worth conducts CUES with Chinese Navy

The littoral combat ship USS Fort Worth (LCS 3) practiced the Code for Unplanned Encounters at Sea (CUES) with the People’s Liberation Army-Navy Jiangkai II frigate Hengshui (FFG 572) Feb. 23 enhancing the professional ma...
 
 

AEGIS tracks, simulates engagement of three short-range ballistic missiles

The Missile Defense Agency and sailors aboard the guided-missile destroyers USS Carney (DDG 64), USS Gonzalez (DDG 66), and USS Barry (DDG 52) successfully completed a flight test involving the Aegis Ballistic Missile Defense weapon system. At approximately 2:30 a.m., EST, Feb. 26, three short-range ballistic missile targets were launched near simultaneously from NASA’s Wallops...
 
 

DOD seeks novel ideas to shape its technological future

The Defense Department is seeking novel ideas to shape its future, and officials are looking to industry, small business, academia, start-ups, the public – anyone, really – to boost its ability to prevail against adversaries whose access to technology grows daily. The program, called the Long-Range Research and Development Plan, or LRRDP, began with an...
 




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>