BAE Systems announced Monday it sold its San Francisco Ship Repair business to Puglia Engineering, Inc.
The Washington-based ship repair company Puglia Engineering currently operates two shipyards in Washington state.
“We believe this divestiture is in the best interests of the San Francisco shipyard employees and both companies, as it will better position the San Francisco Ship Repair business with a parent company that has access to broader markets,” said Erwin Bieber, president of BAE Systems, Inc.’s Platforms & Services sector. “We greatly appreciate the hard work and dedication of our San Francisco shipyard team.”
BAE Systems operates six full-service shipyards in Alabama, California, Florida, Hawaii and Virginia, and provides maritime support services for the U.S. Navy.