Almost all of the engineering firms have their plates quite full. The US has been downsizing its engineering base for the last 25 years. Now, all of a sudden, the demand has gone through the roof. Companies like KBR just don't have the bodies to execute the work. It will take years for them to hire and train the workforce to do these projects. The same can be said for the vendors that the large companies depend upon (the large companies have been offloading engineering to their vendors as they downsized). So, frankly, I expect more delays.
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Almost all of the engineering firms have their plates quite full. The US has been downsizing its engineering base for the last 25 years. Now, all of a sudden, the demand has gone through the roof. Companies like KBR just don't have the bodies to execute the work. It will take years for them to hire and train the workforce to do these projects. The same can be said for the vendors that the large companies depend upon (the large companies have been offloading engineering to their vendors as they downsized). So, frankly, I expect more delays.
Sep 23 10:27 am
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