Sign In
Search
Uncategorized

Fincantieri Signed Agreement To Acquire Shipbuilder STX France

Rich Abott By
SHARE:

Italy’s Fincantieri has signed a purchase agreement to acquire a nearly 67 percent share of shipbuilder STX France for $89 million, Fincantieri said on May 19.The price of $89 million will be paid through available financial resources to current majority shareholder STX Europe AS. The remaining balance of shares is held by the French state. While the acquisition is pending, Fincantieri is continuing to negotiate with France for the finalization of the shareholders’ agreement for STX France in accordance with an April 12 Heads of…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Missile Defense

DoD and Lockheed Martin Sign Framework Agreement To More Than Triple PAC-3 MSE Production

Navy/USMC

GD and HII To Work On Trump’s New BBG(X) Battleship Design For Six Years, Analysts See $10-15 Billion Cost

Missile Defense

New PAC-3 Agreement Possible With Guaranteed Cash Flows And Inflation Markers, Officials Say

International

State Department Approves Sales Of Three P-8A Poseidon Aircraft To Denmark, Training And Logistics Support To Poland

Trending

Northrop Grumman Says It’s Received Navy Contract for SSRM After Beating Anduril
Trump Says Defense Firms Must Build Weapons Faster, Arms Sales Take ‘Too Long’
GD and HII To Work On Trump’s New BBG(X) Battleship Design For Six Years, Analysts See $10-15 Billion Cost
Lockheed Conducts Successful Alternative Warhead-Variant Extended Range GMLRS Test
L3Harris Trims Operating Segments In Realignment

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume