While Shipbuilders Council of America understands and supports the diligent government spending, sequestration puts our vital national security missions at risk, destroys jobs and does little to resolve our debt crisis. The only way to stop sequestration is through legislation in Congress. Congress must find a way to avert or replace annual sequester reductions with more rational and executable cuts.
Cuts to the sea services impact national security, freedom of the seas, economic prosperity, humanitarian assistance, technological investments and jobs. Additional reductions under sequestration compound deep reductions that have already been imposed and critically compromise national security.
A strong viable Navy, Coast Guard and Ready Reserve Fleet are a defense priority and a strong industrial shipbuilding base is a vital national asset. The key to our naval security—and to the economic health of the thousands of companies associated with ship construction and repair—is a stable and affordable shipbuilding plan that promotes a healthy industrial base.
Federal budget uncertainty, sequestration and a government funded under short term continuing resolutions has created significant business uncertainty for shipbuilders and ship repairers. A stable and healthy shipbuilding program sustains the critical resources essential to building those ships—most important of these being a capable and experienced U.S. workforce.