National Steel & Shipbuilding (NASSCO) (San Diego, California)

USA / California / National City / San Diego, California / Harbor Drive, 2798
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National Steel & Shipbuilding
2798 Harbor Dr
San Diego, CA 92113
(619) 544-3400
nassco.com

General Dynamics NASSCO has been designing and building ships since 1959, specializing in auxiliary and support ships for the U.S. Navy and oil tankers and dry cargo carriers for commercial markets.

NASSCO employs more than 4,600 people and is the only major ship construction yard on the West Coast of the United States.

NASSCO was founded as a small machine shop in 1905. Once called California Iron Works, in 1922 CIW officially went out of business; the note holder, U.S. National Bank, continued the shop and foundry operations and renames facility National Iron Works. The machine shop and foundry moved to the San Diego waterfront to build ships in 1944-1945. In 1949 NIW was renamed National Steel and Shipbuilding Corporation. The company was acquired by Henry J. Kaiser Company and Morrison-Knudsen Company in 1959, and in 1979 Morrison-Knudsen acquiree Kaiser's share and NASSCO becomes a wholly-owned subsidiary of M-K. NASSCO was purchased through an Employee Stock Ownership Plan (ESOP) and became an employee-owned company in 1989.

In 1998, defense contractor General Dynamics Corp., Falls Church, VA., bought NASSCO for a reported $370 million in cash plus the obligation to pay off about $45 million of the seller's debt. The purchase brought General Dynamic's holdings to three, including nuclear submarine builder Electric Boat in New London, Conn. and Bath Iron Works, the Navy's leading supplier of surface combat, located in Bath, Maine. NASSCO's revenues totaled $485 million by the end of 1998.
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Coordinates:   32°41'21"N   117°8'9"W

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  • For a complete list of ships built here, please see: http://www.shipbuildinghistory.com/history/shipyards/1major/active/nassco.htm
This article was last modified 11 years ago