The president of Northrop Grumman Ship Systems gave members of Congress a post-Katrina update on shipbuilding in South Mississippi. Teel testified before the House Appropriations Defense Subcommittee Wednesday.
In his report, Teel said the workforce is now stabilizing. Northrop Grumman lost 20 percent of its workers after Katrina. Right now, the company has 650 jobs openings. The shipyard is up to 90 percent production capacity.
Teel also outlined the challenges he sees in the ship building industry's future, such as meeting Navy demand and cutting costs and improving efficiency.
Click here to read Philip Teel's full statement for the record, including graphics.