Todd Signs Agreement With Australian Shipbuilder For Technology Transfer

Hans K. Schaefer, chairman of the board, has announced that Todd Shipyards Corporation has signed a memorandum of understanding with Australian Shipbuilding Industry Pty., Ltd. of Coogee, Western Australia, for a technology transfer in connection with the repair and overhaul of Australian Navy combatants and auxiliaries. The companies will also work together to acquire repair and overhaul work of U.S. Navy ships that operate in the Far Pacific.

Initially, Todd will provide management and technical personnel to guide the coordination, planning, material procurement, quality assurance, and testing activities for the naval work. "Successful implementation of this program is expected to lead to major overhaul contracts for the Royal Australian Navy that will begin as early as March of 1987," Mr. Schaefer said.

This announcement is particularly important in light of the Australian Ministry of Defense announcement concerning the homeporting of destroyer escorts, frigates, and submarines in Western Australia.

Todd Pacific delivered the last of four guided-missile frigates to the Royal Australian Navy in 1983, and has contracted to assist the Australian Government in building two more of these FFGs in Melbourne.

Maritime Reporter Magazine, page 7, Dec 1986

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