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Trump Admin May Be More Receptive To Industry Shipyard Plan, HII CEO Says

Rich Abott By
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Trump Admin May Be More Receptive To Industry Shipyard Plan, HII CEO Says
Launching of the Virginia-class attack submarine Minnesota (SSN-783) at HII’s Newport News Shipbuilding division. (Photo: HII)

The CEO of shipbuilder HII [HII] said the incoming Trump administration is likely more receptive to a plan developed by the Navy and industry to improve shipyard wages and quicken submarine production. “I think there is an opportunity with the new administration. I think there's probably more receptivity to innovation in contracting, and that could potentially support getting these 17 boats under contract. And it is an innovative approach to increase wages, accelerate submarine production, reduces the cost through the…

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