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Naval Report Warner, chairman of the Senate Armed Services Committee. The Virginia Republican was a strong opponent of a General Dynamics-Newport News com- bination in 1999. "Newport News is a solid, well-run company with sustainable revenues and earnings and strong cash flow. Our offer reflects its inherent worth, offers New- port News shareholders an attractive premium, and provides a wonderful opportunity to save significant amounts of money for the U.S. Navy while retaining both nuclear shipyards, " said Chabraja. Chabraja would not set a target on total cost reductions from the deal. He stressed that there were no plans to close shipyards or reduce staff, which tempers labor concerns in Virginia, the home state of both companies. In, as Fricks pointed out, the recent review of the Navy business expressed a specific need for two nuclear-capable yards in the U.S. General Dynamics, headquartered in Falls Church, Va., employs approxi- mately 46,000 people worldwide and anticipates 2001 sales of approximately SI 1.5 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibi- ous combat systems. It currently owns three of the "Big Six" U.S. shipyards, Bath Iron Works, General Dynamics- Electric Boat, and NASSCO. Newport News Shipbuilding, head- quartered in Newport News, Virginia, designs and constructs nuclear-powered aircraft carriers and submarines for the U.S. Navy and provides life-cycle ser- vices for ships in the Navy fleet. The company employs approximately 17,000 employees and had 2000 rev- enues of S2.07 billion, and net income of $90 million. 18 Bender Drive, Hobart,Tasmania 7009 Australia. TEL:+61 3 6273 0677 FAX:+61 3 6273 0932 Email: incat@incat.com.au Website: http://www.incat.com.au Circle 249 on Reader Service Card TLG 2000 - Multi-purpose sound and light signal controller Kockum Sonics marine product range includes the following: TYFON® - marine signalling equipment LEVELMASTER® - level gauging systems LoadRite' - cargo planning systems INSONEX" - sonic cleaning equipment USONEX - ultrasonic cleaning equipment Kockum Sonics AB, whose product TYFON is the most well known of all marine whistles, proudly introduce the new TLG 2000 with several unique features. The log facility stores the 80 last activities tor printing out or for down load to PC. TLG 2000 features: • Sound and light characters according to COLREG • General Emergency Alarm • Bell & Gong signalling • Automatic signalling or hand manoeuvre • Controller activity logging TYFON, LoadRite, LEVELMASTER and INSONEX a trademarks ol Kockum Sonics AB. Specifications are subject to cfiange without notice. Corporate headquarters: Kockum Sonics AB Malmo, Sweden Tel: +46(0)40 671 88 00 Fax: +46(0)40 21 65 13 E-mail: info@sonics se (((•))) Kockum Sonics Kockum Sonics, Russia St. Petersburg, Russia Tel:+7(812)567 70 04 Fax: +7(812)567 70 04 E-mail: loadrite@sonics.ru Kockum Sonics LLC Kenner, L.A. U.S.A. Tel: +1(504)466 9740 Fax: +1(504)466 9792 E-mail: KSonicsllc@aol.com Kockum Sonics (UK) Ltd Leighton Buzzard, UK Tel :+44(0) 1525 85 2323 Fax:+44(0) 1525 853505 E-mail: KockumSonicsUKLtd @compuserve.com Kockum Sonics AG Diibendorf, Switzerland Tel: +41 (01)820 31 91 Fax: +41 (01) 821 26 52 26 Circle 268 on Reader Service Card . . www.maritimetoday.com . The merger of General Dynamics with Newport News would effectively create one company in the U.S. with the capability to build nuclear air- craft carriers (such as the John C. Stennis, CVN- 74, pictured at builder's trials); and nuclear sub- marines, such as SSN 766 Charlotte, pictured on sea trials. Both companies maintain, howev- er, that they have not been directly competitive since 1991. Maritime Reporter & Engineering News Just ask the operators of Incat 45,50,51,52,53,55 and 56, all will confirm the enormous value of the flexible cargo deck the Economic Fast Ro Pax Solution
