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Austal USA president resigns after probe
| 题名： | Austal USA president resigns after probe |
| 正文语种： | eng |
| 摘要： | Former Austal USA President Craig Perciavalle resigned in February. His resignation comes after investigations by U.S. regulatory authorities that focused primarily on the Mobile, Ala., shipyard's operations, including the write back of work in progress (WIP) attributable to the littoral combat ship (LCS) program in July 2016, the procurement of certain ship components for use in connection with U.S. government contracts, and charging and allocation of labor hours. Though Perciavalle resigned because of the investigation, Austal USA noted the following: 1. The LCS vessels cost more to construct than originally anticipated largely due to additional costs incurred to meet the requirements of U.S. Naval vessel rules and mandatory shock standards. The company announced a one-off write back of WIP in July 2016 to fully reflect these additional costs. Prior to mid-2016, inaccuracies in Austal USA's internally generated cost estimates understated the full costs to construct the LCS vessels, which delayed parent company Austal Ltd.'s understanding of the magnitude of those costs and the need to change those estimates. |
| 出版年： | 2021 |
| 期刊名称： | Work Boat |
| 卷： | 78 |
| 期： | 4 |
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