BAE Systems going into shipbuilding business and creating 100 jobs

[thelakelander]

Real jobs. No moratorium needed. Just pure market demand.

The BAE Systems shipyard in Jacksonville is gearing up to build two new supply ships for offshore oil drilling operations, a new line of business that could soften the blow of cuts in Navy maintenance work.
Over the next three months, BAE plans to fill 120 new positions while moving forward with construction of a pair of 252-foot long ships. BAE will build the ships for Jackson Offshore Operators, a Louisiana company that operates in the Gulf of Mexico by carrying supplies to offshore oil rigs.

full article: http://jacksonville.com/business/2013-03-07/story/bae-systems-jacksonville-will-go-shipbuilding-business-and-create-more-100

[Wacca Pilatka]

Real jobs. No moratorium needed. Just pure market demand.

The BAE Systems shipyard in Jacksonville is gearing up to build two new supply ships for offshore oil drilling operations, a new line of business that could soften the blow of cuts in Navy maintenance work.
Over the next three months, BAE plans to fill 120 new positions while moving forward with construction of a pair of 252-foot long ships. BAE will build the ships for Jackson Offshore Operators, a Louisiana company that operates in the Gulf of Mexico by carrying supplies to offshore oil rigs.

full article: http://jacksonville.com/business/2013-03-07/story/bae-systems-jacksonville-will-go-shipbuilding-business-and-create-more-100

Sweet!

I interned for BAE when I was in college.

[urbanlibertarian]

IMO we're better off locally if our economy becomes less dependent on federal government jobs and contracts.  This is because deficit spending probably will continue to increase the debt which means debt servicing costs will continue to rise as a share of the budget leaving less and less for defense and "discretionary" spending.  Even with it's own ups and downs the private sector will be more reliable for economic growth than the public sector.