Vigor, MHI Acquired and Merged
end markets. While the company is widely known for building ferries, it also builds high-performance military craft for the United States and other allied foreign governments.MHI Holdings LLC, owned by Stellex Capital, is a leading provider of full-range ship maintenance, repair, and modernization services to the U.S. Navy and Military Sealift Command in Norfolk, Virginia. MHI also provides hull cleaning, ship husbandry services, underwater painting and inspections, wastewater treatment, and chemical cleaning services globally. MHI is one of the only private shipyards in Norfolk that can service
BAE Systems to Expand San Diego Shipyard
Systems announced it will invest approximately $100 million to expand drydocking capabilities at its San Diego shipyard. The investment, which will include the purchase of a new drydock and a range of infrastructure improvements at the yard, aims to enhance ship repair, maintenance and modernization services the company provides to the U.S. Navy, other government agencies and commercial customers, the company said. BAE Systems made the announcement today during a ribbon-cutting ceremony dedicating a new pier at the shipyard along the San Diego waterfront. Scheduled attendees included