Research and Markets has predicted a 50-percent compound annual growth rate for the global exoskeleton robots market over a four-year period ending 2020. The market research firm said Friday the market has seen increased commercial sale of exoskeleton robots built for the military and industry beyond the use of the technology for physical rehabilitation. A new Research and Markets report indicated that the […] More

A Northrop Grumman business unit has won a contract to provide Thailand’s naval forces with Integrated Bridge Systems for installation aboard the country’s future frigates. Northrop Grumman Sperry Marine will supply several IBS tools, including VisionMaster FT radars, Warship Automatic Identification System, NAVIKNOT speed log, NAVIGAT X MK1 gyrocompass and a voyage data recorder via Daewoo […] More

Research and Markets has released a new report that provides analysis of the naval vessels and surface combatants market worldwide. The report gives details of the market’s projected size and growth from 2015 through 2025, Research and Markets said Sept. 3. It profiles the following companies in the report: ASC Pty Ltd. Austal BAE Systems Daewoo Shipbuilding and […] More

A new Research and Markets report predicts the worldwide market for surface combatants and naval vessels will be worth $47.2 billion in the next 10 years. The market research firm said Friday the market is poised to grow from $35.9 billion in 2015 at a compound annual growth rate of 2.79 percent by 2025. The […] More

General Dynamics‘ NASSCO subsidiary has begun construction of the first of two containerships for public shipping company Matson Navigation at a shipyard in San Diego. NASSCO said Wednesday the Kanaloa-class vessel will have a maximum cargo capacity of 3,500 twenty-foot equivalent unit and be powered by liquefied natural gas-capable engines. The 870-foot-long ship was designed by NASSCO and its partner Daewoo Shipbuilding […] More

General Dynamics NASSCO has kicked off construction of the second ECO tanker for American Petroleum Tankers at the company’s San Diego, California-based shipyard. Toni Atkins, speaker for the California State Assembly, hosted the keel-laying ceremony for the Magnolia State tanker and marked her initials onto a steel plate of the keel, General Dynamics said Monday. […] More

A General Dynamics business unit has delivered the second LNG-conversion-ready tanker to American Petroleum Tankers on Thursday as part of a contract to build five such tankers for the petroleum transportation company. General Dynamics said Friday its NASSCO subsidiary built the Magnolia State tanker using a design by Daewoo Shipbuilding & Marine Engineering subsidiary DSEC. The 610-foot-long product carrier, which is the fifth ship that […] More

Lockheed Martin and South Korea-based Daewoo Shipbuilding & Marine Engineering have agreed to jointly build and offer a combat ship platform intended for use in multiple naval missions. The companies seek to combine DSME’s hull design expertise with Lockheed’s program and systems integration experience under their Multi-mission Combat Ship teaming agreement, Joe North, vice president of littoral ships and systems at Lockheed’s mission system and training business, said […] More

General Dynamics subsidiary NASSCO has christened the second of five ECO-class tankers it builds for American Petroleum Tankers in the former’s San Diego shipyard. The Magnolia State is one of five 610-foot tankers that are designed to feature a 330,000-barrel cargo capacity and support future LNG fuel-gas system installation, General Dynamics said Monday. The company added that the five-tanker […] More

DRS Technologies has transported the first Hybrid Electric Drive system to the South Korean navy for installation in the military branch’s future frigate. The navy will incorporate the HED system into the FFX Batch II frigate to reduce noise in the propulsion plant operation, DRS said Tuesday. Roger Sexauer, president of the DRS maritime and combat support […] More

General Dynamics‘ NASSCO subsidiary on Saturday unveiled the first ECO tanker for client SEA-Vista’s crude oil and  petroleum product shipping operations. RaceTrac Petroleum CEO Allison Moran broke a champagne bottle against product tanker Independence and former US Joiner CEO Jayne Rathburn pulled the ship’s trigger during a christening and launch event held Saturday at NASSCO shipyard in San Diego, […] More

General Dynamics‘ NASSCO subsidiary has handed the first of five ECO Class tankers over to American Petroleum Tankers as part of an effort to comply with Jones Act requirements. The 610-foot-long, Lone Star State LNG-conversion-ready tanker has a 330,000 barrel cargo capacity and features a ballast water treatment system, General Dynamics said Friday. “The Lone Star […] More