Strategic acquisition strengthens ARMADA's Fleet and enhances its ability to deliver preservation, modernization, and technical services across naval programs. Nov 12, 2025 1:00 PM Eastern Standard Time ARMADA Acquires Poseidon Industrial LLC, Expanding Its Solutions Offering to the U.S. Navy and Defense Support Capabilities Share SPANISH FORT, Ala.--(BUSINESS WIRE)--ARMADA Parent Inc., a leading solutions provider for outsourced U.S. Navy ship repair and construction, today announced the acquisition of Pos ...

Core Insights - BAE Systems recognized 87 top suppliers for its U.S. maritime business during the 'Partner2Win' Supplier symposium, highlighting the importance of collaboration in ship maintenance and modernization projects for the U.S. Navy and commercial vessels [1][3]. Group 1: Supplier Recognition - A total of 48 gold, 27 silver, and 12 bronze awards were presented to suppliers, showcasing the diverse contributions from both large and small businesses [6]. - The 2024 Subcontractor of the Year award went to Allied United, which provided security services at all three BAE Systems U.S. shipyards [6]. - AMP United was recognized as the 2024 Small Business Supplier of the Year, supporting 14 major ship repair projects, with small businesses accounting for about 40% of the Ship Repair business's sales in 2024 [6]. Group 2: Industry Context - The Shipbuilders Council of America emphasized a pivotal moment for the shipbuilding and repair industry, noting unprecedented attention on peace-time shipbuilding since the 1970 Merchant Marine Act [4]. - BAE Systems' Ship Repair business leader echoed the need for expanding ship repair opportunities and improving the overall health of the industry [4]. Group 3: Future Developments - BAE Systems plans to commission a new 25,000 lifting ton shiplift and a four-acre land-level repair facility in Jacksonville later this year, indicating a commitment to enhancing operational capacity [5]. - The company operates three full-service shipyards in California, Florida, and Virginia, providing a wide range of services including ship repair, maintenance, and modernization for the U.S. Navy and commercial vessels [7].