OTHER NEWS - June 18, 1992

Shipyard Layoffs: National Steel & Shipbuilding Co. of San Diego said it will lay off 300 workers, or about 8% of its work force, beginning this month because it will soon deliver on its sole commercial shipbuilding contract and has no others lined up. On July 15, NASSCO will deliver the $129-million cargo ship R. J. Pfeiffer to Matson Navigation of San Francisco, the only commercial vessel under construction in the United States. NASSCO is building three AOE-6-class combat support ships for the Navy but has been unsuccessful in taking commercial contracts from foreign shipyards.