Fincantieri finishing $300M shipyard renovations, a big bet on the US Navy’s frigate plans

Fincantieri finishing $300M shipyard renovations, a big bet on the US Navy’s frigate plans
Fincantieri finishing $300M shipyard renovations, a big bet on the US Navy’s frigate plans

The company spent $300 million on four projects with the hopes of seeing two frigates being bought every year, which is faster than the Navy’s current projection.

Can Navy Afford Next-Gen DDG-51 Destroyer, Packard Award Or Not?

WASHINGTON: It’s not a Nobel Prize, but the Packard Award matters in the big-dollar world of defense procurement. Last week, utterly overshadowed by elections, the Department of Defense awarded the Packard to the Navy’s DDG-51 destroyer, the sleek grey mainstay of the fleet. With 62 Arleigh Burke-class destroyers already in service, four under construction, and…

Navy Bets On Arleigh Burkes To Sail Until 2072; 40 Years Afloat For Some

Tomorrow morning, at Manhattan’s Pier 88, the Navy will commission its newest destroyer, DDG-112. The USS Michael Murphy‘s namesake was uncompromisingly heroic, a Navy SEAL who died earning the Medal of Honor in Afghanistan. The ship itself, however, embodies a series of cost-conscious compromises that will keep the Navy sailing a 1980s design — albeit…