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Leidos Deepens Maritime Reach with Planned Acquisition of Gibbs & Cox Naval Design Firm

Government Executive Get the latest on need-to-know topics for federal employees delivered to your inbox. email It’s the latest move to better position itself for Navy undersea business. Global Business Editor Government contractor Leidos announced plans to buy naval design firm Gibbs & Cox for $380 million, taking aim at an area of U.S. defense spending that is expected to grow amid overall decline: unmanned maritime vehicles and next-generation warships. “The acquisition of Gibbs & Cox will extend our existing maritime business and add specific capabilities and services, such as naval architecture and Marine Engineering, 3D modeling and design, and specialty engineering to the solution set that we offer to our customers,” Leidos CEO Roger Krone said on the company’s quarterly earnings call Tuesday.

Leadership change at Austal USA: CEO has resigned, shipbuilder says

Leadership change at Austal USA: CEO has resigned, shipbuilder says Updated Feb 22, 2021; Posted Feb 22, 2021 From left: U.S. Rep. Bradley Byrne, his wife Rebecca Byrne and Austal USA President Craig Perciavalle applaud remarks at the christening ceremony for the future USS Mobile on Dec. 7, 2019. (Lawrence Specker | LSpecker@AL.com)Lawrence Specker | LSpecker@AL.com Facebook Share Shipmaker Austal announced Monday that it had accepted the resignation of Austal USA President Craig Perciavalle following U.S. and Australian investigations into “historical matters” in the Littoral Combat Ship program. Employees at Austal USA’s Mobile shipyard were notified by text Monday afternoon that President Craig Perciavalle had resigned. A company spokesman confirmed the contents of the text, which also said that Austal USA Chief Financial Officer Rusty Murdaugh had been named interim president and would continue to serve as CFO, a post he has held four years.

Navy Calls Freedom LCS Propulsion Problem Class-Wide Defect, Won t Take New Ships Until Fixed

Search for: Home » Budget Industry » Navy Calls Freedom LCS Propulsion Problem Class-Wide Defect, Won’t Take New Ships Until Fixed Navy Calls Freedom LCS Propulsion Problem Class-Wide Defect, Won’t Take New Ships Until Fixed January 19, 2021 5:59 PM USS Detroit (LCS-7) transits the Caribbean Sea. Detroit is deployed to the U.S. Southern Command area of responsibility to support Joint Interagency Task Force South’s mission. Sept. 12, 2020. US Navy Photo This post has been updated to add additional context to the cost of repairs to the ships in the class. The Navy has determined a flaw in the Freedom-class Littoral Combat Ship’s combining gear, a complicated gearing mechanism that links the engines of the ship, is an engineering defect that shipbuilder Lockheed Martin now has to fix, USNI News has learned.

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