HII CEO: Manufacturing and shipbuilding labor major factor in delays

By Abby Shepherd / May 2, 2024 at 10:51 AM
There is no “one-size-fits-all” solution to shipbuilding delays, but labor is the most contributing factor, shipbuilder HII Chief Executive Officer Chris Kastner told investors in a first-quarter earnings call Thursday. The primary issue is a lack of manufacturing and shipbuilding labor across the United States, yet Kastner said HII is working with apprentice schools and community colleges, among other groups, to encourage people coming out of college to join the shipbuilding workforce. In terms of hiring, Kastner said HII is...

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