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Northrop Grumman To Acquire Litton Industries For $5.IB

In a move which effectively creates a defense and marine naval construction giant, Northrop Grumman Corp. and Litton Industries jointly announced late last month that they have signed a definitive agreement under which Northrop Grumman will acquire

McMullen Assoc. Opens Hampton Roads Office —Joseph Bunting Named

John J. McMullen Associates, Inc., naval architects, marine engineers and transportation consultants of One World Trade Center, New York, N.Y. 10048, have announced the opening of a new office located at 2101 Executive Drive, Hampton Roads, Va.

HUD Adds Giant Floating Drydock

Hong Kong will soon be able to offer some of the world's most up-to-date ship repair facilities, according to Jack Barrass of Hongkong United Dockyards. The facilities will incorporate a giant HK$40-million floating drydock which was constructed in Sasebo, Japan.

Aker And Kiewit Form Partnership To Serve Offshore Industry

Aker a.s. and Peter Kiewit Sons, Inc., recently announced their agreement to form Aker Gulf Marine, a Texas partnership. Aker Gulf Marine will offer fabrication and construction services to the offshore oil and gas industry. Aker will own 51 percent and Kiewit 49 percent of the new company.

 
 
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