BAE Systems (LON: BA) this week unveiled its new shiplift and land level repair complex during a ribbon-cutting ceremony at its Jacksonville, Fla., shipyard. This marks a significant milestone in the $250

Tom Arseneault and Admiral Jim Kilby (centered) are joined with others to unveil BAE Systems’ new $250 million shiplift and land level repair complex during a ribbon-cutting ceremony at the company’s Jacksonville, Fla., shipyard. [Credit: BAE System]
BAE Systems (LON: BA) this week unveiled its new shiplift and land level repair complex during a ribbon-cutting ceremony at its Jacksonville, Fla., shipyard. This marks a significant milestone in the $250 million investment to transform its ship repair capabilities and solidify its role as a key partner to the U.S. Navy and commercial maritime industry.
As we reported earlier, the complex will feature a state-of-the-art shiplift system built by Pearlson Shiplift Corporation. The lift’s 492-foot by 110-foot articulated platform can easily accommodate a Flight III U.S. Navy guided missile destroyer or a commercial vessel displacing about 25,000 tons.
The shipyard modernization project involves Pearlson Shiplift Corporation, Foth Engineering, and Kiewit Infrastructure South Co., in major construction roles. Foth along with Pearlson Shiplift are responsible
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