PHILADELPHIA – The new South Korean owner of the Philly Shipyard is looking at a combination of internal and government-funded yard improvements to boost production from the current 1-1.5 ships per […] ...
industrial base
Italy’s shipbuilder Fincantieri appointed George Moutafis as the next CEO of U.S. subsidiary Fincantieri Marine Group (FMG), effective July 1. Moutafis succeeds Marco Galbiati, who had served as CEO since […] ...
Navy officials on Tuesday told the Senate Appropriation’s defense subcommittee that SM-3s are being used quickly and that the administration is still considering building U.S. Navy ships outside the U.S. to […] ...
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 […] ...
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 […] ...