by admin on November 12, 2014
A few decades and a couple defense cuts ago, some wise ‘ole marketer floated the concept that America’s national security depended upon the guaranteed health of the (then) six “large” U.S. naval shipyards: Northrop Grumman’s Avondale, Ingalls and Newport News yards and General Dynamics’ Bath Ironworks, NASSCO and Electric Boat acquisitions. This idea of a […]
by admin on February 25, 2014
Despite some recent balance sheet successes from Navy Shipbuilder Huntington Ingalls Industries (HII) and a one-year reprieve on downsizing the nuclear carrier fleet, the company’s mid-term prospects are very worrisome. This opinion stands as something of a contrarian view. And it certainly disagrees with Wall Street–after HII peeled away from Northrop Grumman in early 2011, […]
by Craig Hooper on December 1, 2010
Today, this blogger–along with the Navy–won a big victory. For me, it’s a vindication of sorts: On November 14, 2007, I was the first to publicly call out the American Shipbuilding Association and it’s lobbyist-in-chief, Cindy Brown (that’s her on the right). I hammered the ASA’s record: If you’ve spent the last 20 years lobbying […]