South Korean conglomerate Hanwha Group on Monday announced a U.S. regulatory body approved the potential for it to significantly increase its equity position in Australia’s Austal, which builds naval vessels […] ...
industrial base
The Secretary of the Navy Tuesday said the government should consider having the two submarine shipbuilders compete on the next version of the Virginia-class attack submarine (SSN). “I think in […] ...
The House Appropriations Committee’s defense subcommittee wants to continue bolstering the shipbuilding and maritime industrial base by providing it with over $3 billion in funds according to the committee’s draft […] ...
CULPEPER, Va. – L3Harris Technologies’ [LHX] Aerojet Rocketdyne division started clearing trees for new roads and facilities in recent months as it breaks ground to expand its Orange County, Virginia […] ...
General Dynamics Electric Boat [GD] and the Marine Draftsmen’s Association (MDA) UAW Local 571 union reached a tentative agreement Sunday night, avoiding a strike by the 2,500 draftsmen, designers and […] ...
The Navy on Wednesday awarded Virginia-class attack submarine (SSN) builders General Dynamics ‘ Electric Boat [GD] and HII Newport News Shipbuilding (NNS) [HII] at least $14 billion to build two […] ...