Austal USA President resigns following naval ship inquiry

International shipbuilder Austal has accepted the resignation of its US President Craig Perciavalle following the completion of an investigation into cost escalations of Littoral Combat Ships (pictured) the company is building for the US Navy. Investigations by US regulatory authorities focused on Austal USA’s write back of work in progress attributable to the LCS program, … Continue reading Austal USA President resigns following naval ship inquiry