recession

2 posts

A ‘Mad Scramble’ to change the shipbuilding plan is underway

In my last post on this subject I wondered what the effects of an economic downturn or outright recession would have on the National Shipbuilding and Procurement Strategy (NSPS). We are now starting to see the results of that process: the Arctic and Offshore Patrol Ships (AOPS) have been delayed […]

Share

The NSPS shipbuilding strategy: what are the risks?

Ken Hansen’s article “Can the shipbuilding strategy withstand and economic recession?” on 15 October 2011 makes sobering reading.  Unfortunately, the announcement of the two National Shipbuilding Procurement Strategy ‘winners’ does not make his scenario any less possible.  Now that the NSPS has determined the two winning yards, the Arctic Offshore […]

Share