Top News of the Week of Aug 16 – 22, 2014

Lockheed Martin Bags F-35 Lightning II Contract, 2014

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $232,7 million cost-plus-incentive-fee modification to the previously awarded F-35 Lightning II Low Rate Initial Production Lot VI contract.

USS Saratoga Departs Newport for Final Cruise

Korean War era aircraft carrier USS Saratoga will depart Newport, Rhode Island for her final cruise today, August 20. National Historic Landmark Fort Adams, the largest coastal fortress in North America, will salute this heroic vessel and the men who sailed her as she passes down Narragansett Bay for the last time.

SIMA Orders Equipment from TTS Group

TTS Group ASA has, through its subsidiary TTS Handling Systems in Drøbak, Norway, signed a contract for delivery of a ship lift and related equipment to SIMA in Peru.

NUSHIP Canberra Starts Final Contractor Sea Trials

NUSHIP Canberra, the first of two Landing Helicopter Dock (LHD) ships being built for the Australian Defence Force, has sailed on her final contractor sea trials before delivery to the Australian Government.

Novorossiysk Submarine Joins Russian Navy

Admiralty Shipyards held a flag raising ceremony today for the Russian Navy’s new diesel-electric submarine “Novorossiysk” of Project 636.3, PortNews writes.