Lehman and Company private equity firm in May 2010 for $352 million.

[3] The Florida yards are considered to be the Southeast Coast facilities.

The Jacksonville shipyard performs luxury yacht refits and repairs, commercial and naval ship repairs and conversions, industrial and marine fabrication, and assembly.

The Mayport facility, located on leased property at Naval Station Mayport, performs maintenance and repair on United States Navy ships.

[9] The Gulf Coast facility at Mobile had provided dry docking and heavy-lift capacity for the largest ships, pier space, industrial and marine fabrication, equipment and system installation until its closure in 2018.