Posted: Feb 5, 2013 5:14 PM
Source: Associated Press
NEW ORLEANS - The company spun off by Northrop Grumman Corp. said they're looking to the energy industry as a way to keep the Avondale shipyard open.
Hunting Ingalls Industries VP Chris Kastner said today they plan to open a Houston office in March to get closer to oil and gas companies. He also said they are bidding on infrastructure projects which could keep people employed.
Kastner said he couldn't promise Avondale will stay open past its shut down date at the end of the year, but said new work would keep them in business.
The shipyard employed about 5,000 people in 2010 when Northrop Grumman decided to separate from Huntington Ingalls, and about half that were employed there last summer.