More than 60 years after Sir William “Bill” Hamilton’s jetboats clawed their way up the Colorado River, the company that built them faces a new challenge: scaling to meet rising demand for commercial and military waterjets.
Magnet Defense LLC, Miami, has completed its acquisition of Metal Shark, Jeanerette, La., adding established shipbuilding capacity to its autonomous maritime platform business.
Shipbuilder and maritime services provider Diversified Marine Inc. has acquired Columbia River launch service provider Anchorage Launch Services Co.
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