BAE Systems Ship Repair
From Wikipedia, the free encyclopedia
BAE Systems Ship Repair is a major non-nuclear ship repair business in the United States, formerly known as United States Marine Repair. In June 2005 BAE Systems completed its acquisition of United Defense, USMR's parent company. The company's primary customer is the United States Navy, other customers include other branches of the US military and commercial cruise lines such as Royal Caribbean.
[edit] History
In 1998 USMR acquired the Norfolk Shipbuilding and Dry Dock Company (NORSHIPCO). In 2004 USMR purchased Honolulu Shipyard Inc. (HSI) for $16 million. HSI was another U.S. Navy ship repair business.
United States Marine Repair was acquired by the Carlyle Group in November 1997. Carlyle planned to float the company but instead chose to sell it to United Defense (which it partially owned) in May 2002.
 |
This article about a United States corporation or company is a stub. You can help Wikipedia by expanding it |
Subsidiaries: BAE Systems Air Systems • BAE Systems Customer Solutions & Support • BAE Systems Insyte • BAE Systems Regional Aircraft • BAE Systems Submarine Solutions • BAE Systems Surface Fleet Solutions • BAE Systems Underwater Systems • MBDA UK
BAE Systems Inc.: BAE Systems Customer Solutions • BAE Systems Land and Armaments • BAE Systems Electronics and Integrated Solutions
Joint ventures: Air Astana (49%) • Eurofighter GmbH (33%) • MBDA (37.5%) • Saab (20.5%) • SELEX Sensors and Airborne Systems (25%)
Annual Revenue: GB£15,411 million (
FY 2005) • Employees: 100,100 (2005) • Stock Symbol: LSE: BA. • Website: www.baesystems.com
