MARINE FINANCE
Litton Division To Supply
Defense Systems For
Norwegian Navy
The Laser Systems Division of
Litton Industries Inc. has report-
edly won a $12.5 million contract
from the Royal Norwegian Navy
for the Norwegian Hellfire Shore
Defense System — Designator
Configuration program. Under
the terms of the contract, Litton
will produce 54 systems for the
Royal Norwegian Navy and Army,
which will enable military person-
nel to acquire, track and survey
possible enemy targets by using
daylight and thermal sights. The
target information is then used to
direct ground-launched missiles
against targets. This compact sys-
tem consists of a laser designa-
tor/rangefinder built by Litton
Laser Systems of Apopka, Fla., an
8-12 micron thermal camera built
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atine's services include:
Diesel engine reconditioning
of such components as:
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using inconel 625 where
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• Cylinder covers
• Exhaust valve spindles
(also Nimonic) and seats
Trouble shooting, repair
and maintenance of:
• Main and aux. engines
• Turbo chargers
• Electrical installations
• Hydraulic systems, pumps, motors, et
• Bridge and manoeuvring systems
• Automation and pneumatic systems
16
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Circle 241 on Reader Service Card
by Sagem SA of France, and a tri-
pod and traversing head built by
Instro-Precision Ltd. of the U.K.
Litton will be the systems integra-
tor and will deliver fully integrated
day/night systems.
The shore defense system will be
deployed by the Royal Norwegian
Navy from its fast attack boats to
mobile coastal positions.
For more information
Circle 71 on Reader Service Card
EC Orders Dutch Yard To
Repay Loan Excesses
The European Commission has
decided that Danish yard Odense
Staalskibsvaerft A/S must pay
back with interest around 1 million
DKR of state aid granted in rela-
tion to five shipbuilding contracts
concluded in 1992. The decision is
the result of a larger investigation
of the financing of shipbuilding in
Denmark in the period from 1987
to 1993. The Commission has
examined 58 contracts and found
that 53 of them respected the aid
ceiling in force at the time the con-
tract was signed (nine percent),
while in five cases the aid granted
exceeded that ceiling.
The Commission has examined
58 contracts in which a so-called
mother-daughter company model
was used. In these cases, the yard
sold the vessel to a subsidiary
(daughter company) which again
sold the vessel to the real shipown-
er. The Commission initiated its
investigation in July 1996, since it
could not establish whether the aid
ceiling had been respected in cases
where such a model had been used.
The total amount of aid which
the Commission considers incom-
patible with the Shipbuilding
Directive is 1.018 million DKR
(137,000 ECU, January 1997).
IRC Awarded Contract From
Thai Government
International Response Corp.
(IRC), the international affiliate of
National Response Corp. (NRC)
and Seacor Holdings, Inc., is part
of a consortium that will establish
a marine oil spill pollution control
and monitoring program for the
Pollution Control Department
(PCD) of the Royal Thai
Government.
The program involves a risk
assessment study, development of
Maritime Reporter/Engineering News
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