FreightWaves Flashback: US may set aside 30% of oil for US ships
1974: Bills of this type have had rough sledding in years past, but the Arab oil squeeze and its implications in the nation’s total economic and transportation picture eased the way for possible passage this year.
0 17 7 minutes read Image: Jim Allen (FreightWaves)
FreightWaves Classics articles look at various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to fwclassics@freightwaves.com.
The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.
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Home » Aviation » USS Harry S. Truman Out of Maintenance After 10 Months; Material Challenges Caused 3-Month Delay
USS Harry S. Truman Out of Maintenance After 10 Months; Material Challenges Caused 3-Month Delay
May 12, 2021 10:24 PM
USS Harry S. Truman (CVN-75) departed Norfolk Naval Shipyard (NNSY) for sea trials on May 12 following completion of its Extended Carrier Incremental Availability (ECIA). US Navy Photo
Aircraft carrier USS
Harry S. Truman (CVN-75) is out of maintenance at Norfolk Naval Shipyard and will enter the basic pre-deployment training cycle, after a seven-month maintenance period extended to 10 months due to material challenges, USNI News understands.
Truman went into the repair yard in July 2020 following back-to-back deployments that included loitering off the coast of Virginia to remain COVID-free in the early days of the pandemic last year. The availability, despite the heavy operations
Posted On May 12, 2021
Huntington Ingalls Industries, the parent company of Newport News Shipbuilding, reported first-quarter 2021 revenues of $2.3 billion, up less than 1 percent from the same period in 2020.
Operating income in the quarter was $147 million and operating margin was 6.5 percent, compared to $215 million and 9.5 percent, respectively, in the first quarter of 2020.
The decreases in operating income and operating margin were primarily the result of a less favorable operating FAS/CAS adjustment, partially offset by stronger segment operating results compared to the prior year, a release stated.
Segment operating income in the quarter was $191 million and segment operating margin was 8.4 percent, compared to $156 million and 6.9 percent, respectively, in the first quarter of 2020. The increases in segment operating income and segment operating margin were primarily the result of higher risk retirement at Ingalls Shipbuilding and improved performance at Technical Solut
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