Navy Taps Private Equity Fund to Build New Alabama Sub ... - USNI News
Sep 22, 2024 · The Navy tapped a Connecticut private equity group with a background in tax break investments to fund construction of a major submarine supplier yard in Mobile, Ala., in a public-private partnership, the sea service announced late Friday.
Alabama shipyard to take some pressure off submarine ... - Yahoo News
Sep 27, 2024 · The outsourcing will help EB and its partners in the submarine industrial base meet the U.S. Navy's goal of delivering two Virginia-class and one Columbia-class submarines annually, U.S. Rep....
Two new Alabama-linked Navy contracts combine to top $1 billion
Dec 27, 2023 · Two of Alabama’s largest defense contractors each have netted a major new project for the U.S. Navy that, combined, will bring more than $1 billion in military-related contracts to the state.
Alabama Receives National Recognition for Austal USA’s Defense ...
18 hours ago · Montgomery, AL – Governor Kay Ivey announced Tuesday that Alabama has been awarded the “Deal of the Year” Impact Award in the Defense Manufacturing category by Business Facilities magazine. This prestigious recognition highlights Austal USA’s transformative $750 million growth projects at its shipyard in Mobile, showcasing Alabama’s role in enhancing U.S. national security and ...
Ballistic Missile Submarine USS Alabama CO Removed from Command - USNI News
Sep 25, 2023 · The commander of Submarine Group 9 relieved the commanding officer of the nuclear ballistic missile submarine USS Alabama (SSBN-731), the Navy announced Monday.
Navy: Mobile region could gain 3,000 new jobs as Alabama …
Sep 20, 2024 · Navy officials say 3,000 new jobs could be created in the Mobile region over the next four years as the U.S. Navy looks to nearly double submarine production by 2028, and major changes are in store for Austal USA and Alabama Shipyard, both located inside the …
Navy fires commanding officer of ballistic missile submarine Alabama
Sep 25, 2023 · Cmdr. Larry J. Arbuckle, deputy commodore of Commander, Submarine Squadron 17, is now temporarily serving as CO of the Alabama, which is based out of Naval Base Kitsap-Bangor in Washington....
U.S. Navy Partners with Private Equity to Revitalize Alabama …
Sep 23, 2024 · As part of the initiative, the private investment firm United Submarine Alliance Qualified Opportunity Fund (USA Fund) has acquired the assets of Alabama Shipyard in Mobile, Alabama. The...
Navy Taps Private Equity Fund United Submarine Alliance …
Sep 25, 2024 · The Navy tapped a Connecticut private equity group with a background in tax break investments to fund construction of a major submarine supplier yard in Mobile, Ala., in a public-private partnership, the sea service announced late Friday.
Navy officials: Austal USA sub work serves 'national security ... - al.com
Oct 23, 2024 · High-ranking U.S. Navy officials at a Wednesday ceremony in Mobile emphasized the key role shipbuilder Austal USA now has in helping the nation to quickly manufacture new generations of nuclear...
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