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0 0 0.00252515735122285 0.00252515735122285 0.00252515735122285 0.0132288094071533 0.0109297855500696 0.0138318320581915
Stock impact report

Shipbuilding Labor Is Available If You Look In The Right Places [Forbes]

General Dynamics Corporation (GD) 
Last general dynamics corporation earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.gd.com
Company Research Source: Forbes
330 ships by the 2030s and 377 ships by 2045 faces significant challenges due to a shortage of skilled labor in the shipbuilding industry. This shortage is a result of historical shifts away from vocational training and the competition for workers with other industries. To address this, I believe there is a need for innovative recruitment efforts, transparency with the Navy and a potential reorganization of production to include smaller shipyards and leverage underutilized labor resources in the Midwest. A Legacy Of Wartime Production During World War II, more than 1 million workers contributed to the war effort, building more than 9,000 warships between 1941 and 1945. Our nation continued its robust shipbuilding programs until 1980 , when the government's commercial shipbuilding subsidies ended, and the industry became focused on a single customer—the U.S. government. As a result, more than 4 out of every 10 jobs in the private shipbuilding sector are gone today, according Show less Read more
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