Navy announces a slew of appointments for O-6s and O-7s: http://1.usa.gov/M1veiu SydneyFreedberg
Fincantieri acquires Leonardo’s undersea armaments business worth up to $447 million
Terms of the acquisition include the shipbuilder paying a fixed fee of €300 million ($323 million), and “based on certain growth assumptions,” an additional €115 ($124 million) directly relating to performance of the underwater armaments business this year.