Hi everyone; it’s Kevin. Today is Wednesday, January 11th. I am pleased to announce the results of our 2022 Employee Incentive Goals.
Our annual Employee Incentive Program is designed to recognize your individual efforts toward our mission. We all know shipbuilding requires a lot of team work, so meeting our incentive goals requires contributions from all over our business. The intent of these goals is to better connect your daily work so you know what is important to Electric Boat.
Our 2022 incentive program had three components: Safety, Key Events to Support Our Mission and Continuous Improvement. Safety is, and will continue to be, my number-one priority, and we met both safety goals in 2022. We achieved a lost-work injury rate of 2.6, which is the lowest lost-work injury rate ever recorded at Electric Boat! We accomplished this while adding over 2,000 new employees into Operations last year. We also achieved our goal of completing 95% of our OSHA training and surveillances throughout the year. Our focus on safety is completely consistent, in my view, with our Core Value of Valuing Each Other.
We achieved three of our five goals around key milestones to support our mission. We did not meet our specific Virginia and Columbia schedule objectives, and that’s why we’ve made shipbuilding velocity on Virginia and Columbia a specific priority this year. Simply put, we’ve got to build submarines faster. In 2022, we did achieve our objective of getting more work instructions issued to Operations; as you know, that is a key enabler to our work volume and velocity. We also achieved our goal of strategically sourcing over 927,000 hours to key partners in the supply base. This strategic outsourcing is part of increasing our velocity on both the Columbia and the Virginia program. Finally, we achieved our First-Time Quality goals for our weld and NDT programs. Getting quality right the first time also enables improved volume and velocity.
Under the category of Continuous Improvement, we achieved our health and wellness goal with 90% of our workforce participating in the “It All Counts” program. Thanks to the health and wellness team for their efforts to provide easily accessible opportunities to enhance the health and wellness of our workforce, and I’m pleased to see how many of us took advantage of these opportunities to value ourselves and each other. We did not meet our earned hours goal, a goal which reflects our efficiency in supporting program objectives. This will continue to be a focus in 2023 as part of our goal to increase shipbuilding velocity.
Finally, we achieved our goal of having 80% of our workforce submit process improvement ideas. Each member of our workforce brings unique knowledge and experience to our organization. I want to make sure you know from me that I personally appreciate your valuable improvement ideas. So please keep it coming!
The goals we set for 2022 were ambitious, and we saw and overcame some pretty difficult challenges. EB’s history and our culture is steeped in a can-do attitude to meet challenges head-on, and I appreciate your commitment to our business. What you do matters—to our sailors, our loved ones, our great company and our country.
The goals I just described will be summarized in the transcript of this podcast.
Incentive checks will be electronically distributed, based on eligibility, on January 27th this year, and we’re working to complete our 2023 Employee Incentive targets. We’ve distributed our 2023 goals for the organization, and you listened to that via my January 2, 2023 podcast. These enterprise objectives will be used to develop specific goals for each organization so that you can be tied to the business based on the work that you do every day, and it will help provide clarity around how our entire workforce can contribute to Electric Boat’s success this year.
Thanks everyone; we’ll talk again soon.
Rayha Report Ep. 20: 2026 EB Signing Days
Electric Boat held recent Signing Day ceremonies at Cranston West High School on May 21 and the Garde Arts Center in New London on May 28. EB President Mark Rayha spoke with students about their decision to join EB and educators who prepare their students for careers in shipbuilding. Click here to see the latest installment of the Rayha...Continue reading→
Save the Date: CT Health Fairs Kick Off June 9
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Supporting Our Neighbors Impacted by The Ledges Apartments Fire
Early Sunday morning, a devastating fire occurred at The Ledges Apartments in Groton. Eighteen fire departments, including Electric Boat’s, responded. Thanks to the heroism of these first responders no residents were injured. The fire did, however, displace more than approximately 50 residents and destroyed or damaged 44 units in the building. Several EB employees were...Continue reading→
Pride Month Celebrations at Electric Boat
June 1st marks the start of Pride Month, a time for millions of LGBTQ+ individuals and allies around the world to come together in celebration and reflection. From film festivals and art shows, to marches and concerts, Pride is a vibrant tribute to LGBTQ+ culture, history and the relentless spirit of activism. It’s a chance...Continue reading→
Celebrating Our Next Generation of Shipbuilders
The Next Generation of Shipbuilders Takes the Stage Over the past two weeks, Electric Boat welcomed the next generation of shipbuilders at our Rhode Island and Connecticut Signing Day celebrations, marking the beginning of a journey that will help shape the future of our company and our nation’s defense. Held at Cranston High School West...Continue reading→
Update: Gold Star Bridge Project – Upcoming Traffic Impacts
CT DOT is preparing to enter the next major phase of the Gold Star Memorial Bridge Rehabilitation Project, and employees should expect new traffic patterns that may affect travel to and from EB’s Groton and New London facilities. A crossover will direct two northbound lanes onto the southbound bridge, as shown in this CT DOT...Continue reading→
PCU Utah Floats Off
PCU Utah (SSN 801) floated off the pontoon in Graving Dock #3 on Sunday, May 17, her hull seeing water for the first time. Huge congratulations to every Electric Boat shipbuilder whose hard work and dedication brought Utah to this major milestone!
Pathways to the Deep Officially Opens at Mystic Aquarium
On Monday, May 11th, we officially cut the ribbon on Pathways to the Deep, a brand-new interactive exhibit at Mystic Aquarium that connects ocean science, technology, exploration and careers through hands-on learning and discovery. This collaborative effort between General Dynamics Electric Boat, Mystic Aquarium, the Submarine Industrial Base and Build Submarines was created to spark curiosity and...Continue reading→
Electric Boat featured in ADC’s ‘Homefront’ Video Series
General Dynamics Electric Boat is featured in the latest episode of the Association of Defense Communities’ (ADC) Homefront video series, which examines military communities across the country. The episode highlights Electric Boat’s long-standing partnership with the U.S. Navy, the generations of shipbuilders who power our mission and the opportunities ahead for the next wave of...Continue reading→
Rayha Report Ep. 19: Operations Leadership Hiring Initiative
In his latest Rayha Report, EB President Mark Rayha speaks with Chief of Talent Acquisition Meredith Kyle on the ways the company is boosting operations leadership hiring. Joining them is Konrad Wennberg and Mike Simmons, who provide insight on their internal moves from engineering to operations supervisor positions.
