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Electric Boat Expects To Hire Hundreds Of RI Workers in 2015

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The president of Electric Boat said there is opportunity ahead for the submarine maker. But there’s concern about the future of federal funding. In his...

The president of Electric Boat said there is opportunity ahead for the submarine maker. But there’s concern about the future of federal funding.

In his forecast to lawmakers, Electric Boat President Jeff Geiger said declining defense budgets and cuts out of Washington create an uncertain environment for the company.

That said, with a backlog of 17 Virginia-class subs to build, Electric Boat will hire up to 600 people just this year. The problem, Geiger says, is filling those jobs. “We’re able to attract a large number of applicants, but it’s a pretty small percentage that we would consider qualified,” said Geiger.

Geiger called the $17.6 billion contract for Virginia-class subs the largest in the U.S. Navy’s history. Electric Boat has already delivered eleven V-class subs.

Electric Boat has a total of 12,800 employees, with 3,400 of them in Rhode Island. Geiger said the company did business with 83 suppliers in Rhode Island, spending $43.5 million in the state over the last five years.

Geiger said Electric Boat will build a dozen replacements for the Ohio-class submarines, and that will ramp up hiring into the thousands starting around 2020.

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Electric Boat Expects To Hire Hundreds Of RI Workers in 2015
Electric Boat Expects To Hire Hundreds Of RI Workers in 2015