Naval shipyards have been in operation in the U.S. for over 180 years and, with the private sector, share the mission of providing adequate naval and maritime resources to meet national defense requirements in times of peace and conflict. These shipyards
Bath Iron Works Corporation (BIW) of Bath, Maine, one of the country's leading shipbuilders, has been purchased by private investors led by Gibbons, Green, van Amerongen, Ltd., a diversified investment banking firm based in New York. BIW was formerly owned by Congoleum Corporation,
The Navy has identified $22 million in cost avoidance through opening previously sole source contracts to competition during the period April—June 1983. Since the spring of 1982, the Navy has established Competition Advocates at all major contracting activities.
Bath Iron Works Corporation (BIW) in Maine is the apparent successful bidder for two of the three Aegis guided-missile cruisers of the Ticonderoga (CG-47) Class that the U.S. Navy ordered recently under the FY 85 shipbuilding program. The other ship was awarded to Ingalls Shipbuilding,