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BAE Systems sells SF ship repair business

3rd January 2017 - 14:30 GMT | by The Shephard News Team


The sale of BAE Systems’ San Francisco ship repair business to Puglia Engineering is now complete, the company announced on 2 January.

Puglia Engineering, based in Tacoma, Washington, currently operates two shipyards in Washington state. 

Erwin Bieber, president of BAE Systems’ platforms and services sector, said: ‘We believe this divestiture is in the best interests of the San Francisco shipyard employees and both companies, as it will better position the San Francisco ship repair business with a parent company that has access to broader markets. 

‘We greatly appreciate the hard work and dedication of our San Francisco shipyard team.’

BAE Systems operates six full-service shipyards in Alabama, California, Florida, Hawaii and Virginia, offering ship repair, maintenance, modernization, conversion, and overhaul services for the US Navy, other government agencies and select commercial customers.

The Shephard News Team


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