:

Business/Financial

BWX Technologies Acquires Naval Vessel Parts Suppliers

By Cal Biesecker

Tuesday, June 14th, 2022

SHARE:

BWX Technologies Acquires Naval Vessel Parts Suppliers

Dynamic Controls products include manifolds. Photo: Dynamic Controls

BWX Technologies [BWXT] in April acquired Cunico Corp. and Dynamic Controls Ltd., sister companies that manufacture parts for global naval ships and submarines and liquified natural gas commercial shipping vessels. The investment firm Houlihan Lokey, which advised Cunico and Dynamic Controls, announced the deal on Tuesday. Cunico, which is based in California, and Dynamic Controls, which is based in the United Kingdom, were owned and operated by Jack Flowers for decades. BWX Technologies, which manufactures naval nuclear reactors and fuel,…

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]