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It's a generic problem with flat demand in heavy industry. Shipbuilding, bridges, nuclear reactors - when the production backlog runs down and the factory goes
by Animats 7mo ago
It's a generic problem with flat demand in heavy industry. Shipbuilding, bridges, nuclear reactors - when the production backlog runs down and the factory goes idle, the factory dies. So do the companies that feed specialized parts into the process.
- angry_octet 7mo agoGovernments keep making contracts with megacorp prime contractors, who stiff their suppliers at the first opportunity, instead of the SMEs that are essential to reliable long term capability. It's the bean counter obsession with counting delivered parts as the only basis for payment.
- functional_dev 7mo agoAgreed, it takes decades to build manufacturing expertise.. lose demand for a few years and all is lost Throwing more money at it does not work either, you need skilled workforse Same is happening in EU with shipbuilding