Ocean Craft Marine News

Procurement processes in the boatbuilding industry are not conducive to innovation. The flow of money to boatbuilders occurs when the boats are delivered, several years after a contract is awarded. This pattern puts all the emphasis on delivering the product, not on making it a better product. Consultative environment The U.S. Navy favours more innovation when it comes to boatbuilding, but it is difficult to achieve in the existing environment. Current economics and processes discourage innova...