"We're going to win (the LCS contract) on cost," Moosally said. "This is basically a price shootout."
"Marinette Marine breaks ground on large ship facility"
Fincantieri Marine Group plans $100 million investment in area operations
BY NATHAN PHELPS • March 13, 2010
MARINETTE — Marinette Marine Corp. broke ground Friday for the expansion of its large ship erection building.
Company leaders say this is part of a $100 million investment in Marinette Marine and other area operations aimed at securing contracts that will help stabilize the work force at the shipyard — such as the Navy's Littoral Combat Ship.
(The expansion) "is to improve our production efficiency and make us more productive and more competitive in the marketplace," said Fred Moosally, president and CEO of Fincantieri Marine Group, which includes Bay Shipbuilding Co. in Sturgeon Bay and ACE Marine in Green Bay. "When we win the fiscal year 2010 ships for LCS, that's a winner take all with 10 ships … and it will really stabilize the work force."...
"We're going to win (the LCS contract) on cost," Moosally said. "This is basically a price shootout." >>>Full Article>>>