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14 Mar 16. Umbra Applied Technologies Group Announces Relocation of Corporate Offices. Umbra Applied Technologies Group, Inc. (OTC PINK: UATG), a Defense and Intelligence firm, has relocated its corporate headquarters from Short Hills, New Jersey to Tampa, Florida. Umbra has executed a five-year lease for a new principal place of business at 2203 N Lois Ave, Suite G-400, Tampa FL 33607. Umbra will continue to operate research and development, regulatory and quality operations in Austin TX. All other functions will be conducted at the Tampa offices.
“This move allows us to take advantage of Tampa’s strong military and government talent pool while providing a location that also facilitates a more efficient and effective interaction with our national sales force and strategic partners on the East Coast,” said Alex Umbra, CEO and Chairman of UAT Group.
UAT Group has been considering the composition and location of its headquarters for the past 18 months. The Company began its formal review in September 2014, with a list of 17 potential locations. Tampa was selected after a careful evaluation of the business ecosystem, talent, long-term costs, employee’s quality of life and proximity to additional strategic corporate assets.
“Our new location and enhanced operational efficiencies will help us continue to grow and evolve to keep pace with our client’s needs, allowing us to continue to provide the attention to detail and level of excellence a UAT client has come to expect.”
UAT Group has a significant existing presence in Tampa, with key strategic partners already operational in Florida and with much of its management having residency in the area. Many team members have already relocated to Tampa to support its relationships with the state’s law enforcement agencies. (Source: Yahoo!/Marketwired)
14 Mar 16. Canada announces investment in Vancouver shipbuilding capacity. Canada’s minister of Public Services and Procurement announced on 14 March that the government was investing CAD65m (USD49m) to prepare a shipyard for future contracts as part of its National Shipbuilding Strategy (NSS).
The investment is going towards the Vancouver Shipyards company, owned by the Seaspan Group, with the intent to prepare the yard to build the Offshore Oceanographic Science Vessel (OOSV) and the Joint Support Ships (JSS).
Judy Foote, the minister, was in Vancouver to make the announcement.
“These investments demonstrate our long-term commitment for continuous shipbuilding projects which will not only rejuvenate our marine industry, but also provide the Royal Canadian Navy and the Canadian Coast Guard with the ships they need to do their jobs at best value-for-money for Canadian taxpayers,” she said. (Source: Defense News Early Bird/IHS Jane’s)
15 Mar 16. Russian Navy receives first Admiral Grigorovich-class frigate. The Russian Navy has finally commissioned into service the lead ship of its Project 11356M frigate class, Admiral Grigorovich , over two years behind schedule. A formal flag-raising ceremony was held at the Yantar Shipyard in Kaliningrad on 11 March, over five years after the vessel was laid down in the same shipyard in December 2010. The vessel is now expected to transit to join the Black Sea Fleet in Sevastopol.
Since it was launched in March 2014, the frigate has been undergoing sea trials in the Baltic and Barents seas. Speaking at the flag-raising ceremony, Igor Ponomarev, vice president of United Shipbuilding Corporation (Yantar’s parent company), said that the vessel had “successfully passed all tests and showed the high quality of its construction”. Ponomarev added that the second