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To compete with China, Russia, Senate bill to fund U.S. shipyards
Robert Besser
03 May 2021, 02:54 GMT+10
A proposed legislation introduced in the U.S. Senate on April 28 would fund a $25 billion investment in public and private shipyards that build and maintain the U.S. Navy fleet
The bill would deliver $21 billion to four shipyards, as part of the Navy s Shipyard Infrastructure Optimization Program
Private shipyards would qualify for $2 billion, and another $2 billion would be directed to commercial ship repair yards
WASHINGTON D.C.: Proposed legislation introduced in the U.S. Senate on April 28 would fund a $25 billion investment in public and private shipyards that build and maintain the U.S. Navy fleet.
To compete with China, Russia, Senate bill to fund U S shipyards texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Bill in U.S. Senate would provide $25 billion shipyard funding
03 May 2021, 02:54 GMT+10
WASHINGTON D.C.: Proposed legislation introduced in the U.S. Senate on April 28 would fund a $25 billion investment in public and private shipyards that build and maintain the U.S. Navy fleet.
The bill would deliver $21 billion to four shipyards, as part of the Navy s Shipyard Infrastructure Optimization Program.
Also, private shipyards would qualify for $2 billion, and another $2 billion would be directed to commercial ship repair yards.
Additionally, a 20-year program, at a cost of $2 billion, would recapitalize Navy shipyards.
The shipyards to be targeted for upgrades include the Norfolk Naval Shipyard in Virginia, the Portsmouth Naval Shipyard in Maine, Pearl Harbor Naval Shipyard in Hawaii and the Puget Sound Naval Shipyard in Washington.
A proposed legislation introduced in the U.S. Senate on April 28 would fund a $25 billion investment in public and private shipyards that build and maintain the U.S. Navy fleet