In 1985, Chris Deegan was hired out of Penn State as a nuclear submarine cost estimator by the Naval Sea Systems Command and retired nearly 28 years later as the Executive Director of PEO Integrated Warfare Systems, with the last 10 as a member of the Senior Executive Service. He’s been with Gibbs & Cox since 2013, first as the Vice President of Engineering
The Suez Canal blockage laid bare many of the challenges being faced by the global shipping industry today. With 12% of global trade passing through the canal each day, the total revenue lost from delayed, damaged or lost goods due to its blockage is estimated to be up to $10 billion.