Navy Orders Nuclear Powerplant Components

Babcock & Wilcox (B&W) an operating unit of McDermott International announced yesterday that it was awarded a contract by the U.S. Government for various nuclear components for defense programs. These include U.S. Navy power plant parts and systems. The U.S. Navy continues to operate several nuclear powered aircraft carriers and submarines. B&W has made these kind of systems for decades and prior to that provided steam power plants for U.S. Navy and other ships. The total value of the contract if all options are exercised is $450 million.

In December 2009 McDermott International announced plans to separate B&W from itself due to new tax laws. This plan has not yet been executed but when it is complete B&W will be able to bid on Federal contracts without McDermott International being forced to incorporate in the United States.

Australia Moving Out On New Submarines

20071207ran8095516_299159.JPGThe Australian government has planned an ambitious expansion of their armed forces. Several major defense contracts will be let in the next few years with a goal of local companies doing the work. The largest amongst these is to build new submarines for the Navy. The first step in this contract was taken last week with the award of a contract to The Rand Corporation of the United States to begin doing a study of Australia’s capability to build these submarines in the necessary quantity. There was no value given for the contract but the goal is to have the study done early next year.

Australia had built there last class of submarines, the Collins Class, at the ASC company’s yards. This company provides maintenance for the vessels as well. They are also the lead for a new class of destroyers being built by Australia. Earlier this year the government had expressed concern about ASC’s performance maintaining the existing submarine fleet and this contract is related to those beliefs.

http://www.flickr.com/photos/httpblogsinacomcnhomeofbeijingpeople/ / CC BY-ND 2.0

Israel get two German submarines

September 30, 2009 by admin · Comment
Filed under: Syndicated Industry News 

TEL AVIV, Israel, Sept. 30 (UPI) -- Israel has taken delivery of two German-made submarines capable of launching missiles with nuclear warheads.

Rudd government criticizes sub builder

September 28, 2009 by admin · Comment
Filed under: Syndicated Industry News 

CANBERRA, Australia, Sept. 28 (UPI) -- The government is seriously concerned about the company that intends to play a vital role in planning and building Australia's new submarines, a newspaper reports.

Thailand hints at 2010 military spending

September 23, 2009 by admin · Comment
Filed under: Syndicated Industry News 

BANGKOK, Sept. 23 (UPI) -- Thailand's armed forces and police will have nearly $150 million towards buying military equipment from submarines to police riot gear, the Bangkok Post says.

Brazil, France seal military partnership with major arms deal

September 8, 2009 by admin · Comment
Filed under: Syndicated Industry News 

BRASILIA, Brazil, Sept. 8 (UPI) -- Brazil has begun negotiation with France to purchase up to 36 Rafale attack aircraft to add to an expanding military inventory that will include French helicopters and submarines, German tanks and a nuclear-powered submarine built with French technical assistance.

Australia explores home sub technology

August 13, 2009 by admin · Comment
Filed under: Syndicated Industry News 

CANBERRA, Australia, Aug. 13 (UPI) -- Australia has moved a step closer to building a dozen submarines in the country's most expensive ever defense procurement project at nearly $17 billion.

Australia To Expand And Restructure Military

The current government of Australia under Prime Minister Rudd has announced major plans to restructure the country’s military for the Twenty-First Century. A white paper describing the proposed changes was released late last week. The focus will be on expanding the ground forces, re-equipping the Navy and general modernization.

The government is also looking at this increased investment in the military as a sort of stimulus for the Australian economy during the current downturn in the world’s finances. As much of the work possible will be done in Australia and for the Navy especially there are plans for significant new construction of submarines and ships.

The core of the plan is to add twelve new submarines and new destroyers and multi-role patrol craft. There will also be new helicopters for the Navy to replace the SH-2 fiasco. The Air Force modernization will be built around 100 F-35 Joint Strike Fighters (JSF). The ground forces will see a slight growth with new vehicles.

The way this is structured shows that Australia is looking at defending themselves with the submarines and aircraft. The ground forces will allow intervention in regional conflicts if necessary. The submarines as well will provide the core offensive capability if required. The White Paper makes it clear that China will be the dominant Asian power for the next several years and Australia must adjust their capabilities for this.

While Australia has spent more since 9/11 and used their forces in Afghanistan the major modernization programs were carried over from the Nineties. This is the first stop and relook at the country’s needs and rebaseline of capabilities.

Navy Awards Raytheon Contract for More Tomahawk Production

The U.S. Navy gave Raytheon a contract worth over $200 million for 207 new Tomahawk Block IV missiles. AzStarBiz reports that a good portion of the work will be carried out in Tucson. The award is a further option to an existing contract that Raytheon has had for several years. The Tomahawk can be launched from either surface ships or submarines and carry out precision strikes on ground targets. The missile is also used by the Royal Navy. The Tomahawk was used heavily in the first Gulf War but due to the proliferation of other precision strike systems launched by aircraft such as the GPS guided JDAM.

US Navy orders torpedoes

The US Navy contracted with Raytheon to procure ship, submarine and aviation based torpedoes. The $165 M contract is for both Mk 48 and Mk 54 torpedoes. Some of them will be used to fulfill FMS orders as well. The Mk 48 are larger and equip submarines. The Mk 54 light weight torpedo can be dropped by aircraft or fired from surface ships.

See the press release at Forbes.

B&W Receives $450 Million Order for Nuclear Components

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE: MDR) (“McDermott”), announced today that The Babcock & Wilcox Company (“B&W”), through a subsidiary, has received an award of approximately $450 million for the manufacture of nuclear components to support U.S. defense programs, including the manufacture of U.S. Naval nuclear power systems for submarines and aircraft carriers. The value of this contract was recorded in McDermott’s Government Oper

Add to digg Add to del.icio.us Add to Newsvine Add to Reddit Add to Google Add to Yahoo My Web Email this Article

B&W Receives $450 Million Order for Nuclear Components

LYNCHBURG, Va.--(BUSINESS WIRE)--Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG), an operating unit of The Babcock & Wilcox Company (B&W), has received an award of approximately $450 million for the manufacture of nuclear components to support U.S. defense programs, including the manufacture of U.S. Naval nuclear power systems for submarines and aircraft carriers. “We are very pleased with these new orders and the steady growth of B&W’s nuclear product l

Add to digg Add to del.icio.us Add to Newsvine Add to Reddit Add to Google Add to Yahoo My Web Email this Article

>