Electric Boats to Cut 2,400 Jobs

Wednesday, December 07, 2005
New Haven, Conn.-based submarine builder Electric Boat announced that it would eliminate up to 2,400 jobs, or 20 percent of its 11,800 employees, by the end of next year, citing the declining size of the nation’s submarine fleet and the Navy’s decision to steer repair work to its own shipyards that survived the base closure process, the Boston Herald reports. No decision has been made on the number of layoffs. Most jobs will be cut in Connecticut, but between 500 and 600 will be eliminated from the Rhode Island facility, according to the report. Submarine advocates have been pressing the Navy to boost submarine production from about one to two ships a year. Current projections show the nation’s submarine fleet dwindling from the mid 50s to as low as the 30s. Electric Boat recently received a letter saying the Navy would direct future submarine repair work to its own operated shipyards. The closest is in Kittery, Maine. Source: The Boston Herald
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

HII Appoints Brenton as Corporate Director

Huntington Ingalls Industries (HII) announced today that Capt. Kevin Brenton (U.S. Navy, Ret.) has joined the company as corporate director of customer affairs for submarine programs.

EDGE Facility to Develop, Deliver Security Capabilities

Center in Nova Scotia will focus on rapidly delivering new technologies and capabilities to the Royal Canadian Navy as they transition to future fleet.    General

Northrop Grumman Advances Unmanned Maritime Capabilities

Innovative unmanned systems program moves forward to Phase II.   Northrop Grumman Corporation (NYSE: NOC) is developing new, advanced unmanned systems to support

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0968 sec (10 req/sec)