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NASSCO Elects Lents VP And Controller J. Eldon Lents The appointment of J. Eldon Lents as vice president and con- troller, 'National Steel and Ship- building Company (NASSCO), San Diego, Calif., has been announced by John V. Banks, president. Mr. Lents has been with NASSCO in San Diego since 1959 as controller and assistant secretary. Mr. Lents is an accounting grad- uate of Kinman Business University of Spokane, Wash. A veteran of over" 36 years with the Kaiser organization, Mr. Lents started his career in 1938 as assis- tant camp office manager for the Grand Coulee Dam 'Project in Ma- son City, Wash. From 1942 to 1944, he served as chief accountant for Oregon Shipbuilding Corporation of Portland, Ore., and for the next five years was administrative man- ager'for Consolidated Builders, Inc. in Portland and Mill City, Ore. He then served two years for Kaiser Engineers in Richland, Wash. Dur- ing the next three years, from 1954 to 1957, he was administrative manager for a joint venture group of contractors under the sponsor- ship of Kaiser Engineers, division of Henry J. Kaiser Company in New South Wales, Australia. Mr. Lents then returned to Oak- land, Calif., where he was account- ing manager, construction, for Kaiser Engineers until his assign- ment to NASSCO. He is a member of the NASSCO Management Club, The Propeller Club of the United States, and The Navy League. Litton Industries Asks $350-Million Increase On Destroyer Contract Litton Industries confirmed that it had asked for a $350-million in- crease on its DD-9'63 destroyer con- tract and said it expected costs to rise $485 million above that. The company confirmed the $350- million cost increase after it was disclosed by Representative Les Aspin (D-Wis.), and said this would raise the 30-ship contract to $2.15 billion. The vessels are under construction at Litton's Ingalls Shipbuilding Corporation yard in Pascagoula, Miss. Going beyond Mr. Aspin's dis- closure, a Litton spokesman said it estimated that rising costs of ma- terials would add another $485 mil- lion in costs to be shared under the contract by Litton and the Navy. Shaw Savill Orders Seven 'Mini' Bulkers The Furness Withy Group com- pany Shaw Savill has placed orders for seven "mini" bulkers of 3,200 deadweight tons on behalf of its subsidiary, Cairn Line. The order is worth $16.3 million at current exchange rates. Four of the ships will be built 'by Martin Jansen of Leer, West Germany, and three by Centromar, Poland, at their Gdansk Shipyard. Shaw Savill chairman Brian Shaw commented that "we believe there is a growing requirement for this type of vessel in the middle sea area. In recent years, we have been developing this type of opera- tion with the Cairn Line and our faith in the future of this trading pattern is demonstrated by the or- der." The first vessel is scheduled for delivery from the West German yard in December of this year. Sub- sequent vessels will be delivered at regular intervals up to early 1977. The seven 'bulkers will form part of the growing Cairn Line fleet trading in the European and middle sea areas. They will all be equipped with large hatches, facilitating the carriage of a wide range of com- modities, including a substantial container-carrying capability. H.O. PENN MACHINERY CO., INC. PENNCO INDUSTRIAL YOUR CATERPILLAR & TOWMOTOR DEALER The Bronx, N.Y. • Westbury, L.I., N.Y. • Poughkeepsie, N.Y. • Tuxedo, N.Y. • Newington, Ct. Caterpillar. Cat and CB are trademarks of Caterpillar Tractor Co. Towmotor is a trademark of Towmotor Corporation, a Subsidiary of Caterpillar Tractor Co. "PENN-POWER" MEANS A LOT MORE FOR YOUR MONEY. Penn-Power —that's the ' unique blend of tough, perform- ance-proven Caterpillar diesel marine-propulsion engines, shipboard electric sets, and power units with the very special H.O. Penn brand of fast, comprehensive service. You start with the clearly superior Cat-built marine products —engines, power units (150-1300 Hp) electric sets (100-900 kw) for just about any shipboard requirement. Then you rely on H.O. Penn for the kind of service designed to keep those products performing and for quick-response emergency repairs. With field-service facilities that are on call day and night, with 24-hour, computer-controlled parts availability. And with a convenient deep-water, dockside repair facility on the East River in the Bronx .. .so harbor and ocean-going vessels can be assured quickturnaround in service and repairs. That's Penn- Power. Caterpillar quality and H.O. Penn capabilities. WORKING TOGETHER FOR YOU! April 15, 1974 15
