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NASSCO begins extension of drydock

Article Abstract:

The National Steel and Shipbuilding Company (NASSCO) has undertaken an approximately $20-mil extension of its floating drydock facilities in San Diego, CA. The 785-feet expansion is in compliance with the $490-mil contract it received to maintain six Tarawa- and Wasp-class amphibious assault ships. According to Vice Admiral Alexander J. Krekich, the contract was awarded to NASSCO to avoid taking sailors away from their homes during overhauling of their vessels.

Publisher: Navy League of the United States
Publication Name: Sea Power
Subject: Military and naval science
ISSN: 0199-1337
Year: 1998
Facilities & equipment, Ship Building and Repairing, Amphibious Assault Ships

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General Dynamics bids to acquire NASSCO

Article Abstract:

General Dynamics Corp announces a deal to acquire National Steel and Shipbuilding Co and the two companies are currently awaiting federal regulatory approvals. The acquisition of NASSCO will provide General Dynamics with another major shipyard that provides repair facilities for the US Navy's Pacific Fleet. The company will absorb 4,000 employees and $485 mil in possible revenues in 1999.

Publisher: Navy League of the United States
Publication Name: Sea Power
Subject: Military and naval science
ISSN: 0199-1337
Year: 1998
Asset sales & divestitures, Acquisitions & mergers, Aerospace Product and Parts Manufacturing, Aircraft & Parts, General Dynamics Corp.

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