Updated

A former president of Maine shipyard Bath Iron Works and under secretary of the U.S. Navy under President Ronald Reagan has died. James Franklin Goodrich was 99.

His wife, Helen Goodrich, says he died Monday at their condominium in Falmouth, 30 miles southwest of the shipyard in Bath.

Goodrich was president and CEO of Bath Iron Works from 1965 to 1975 before serving as chairman until his retirement in 1978.

Three years later, Reagan chose him as under secretary to rebuild a 600-ship Navy.

Before joining Bath Iron Works, Goodrich worked for Todd-Pacific Shipyards in Tacoma, Wash. He also was a co-founder of a commercial fishing company involved in the Alaska king crab industry after World War II.

Goodrich is survived by his wife of 72 years and three children.