The U.S. shipyard industry is vital to America's economic and national security. In the U.S., private shipyards support over 400,000 jobs; shipyards build, repair, maintain and modernize the most sophisticated Navy, Marine Corps and Coast Guard vessels in the world. And the shipbuilding industry provides business to a network of parts and equipment suppliers across all 50 states.
A strong viable Navy, Coast Guard, Marine Corps, and Ready Reserve Fleet are a defense priority and a strong industrial 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.
WHAT'S AT STAKE?
Sequestration combined with a continuing resolution puts our vital national security missions at risk, destroys jobs and does little to resolve the debt crisis. Cuts to the shipbuilding and repair industry will impact:
- Freedom of the Seas
- Economic Prosperity
- Humanitarian Assistance
- Technological Investments
- U.S. Jobs
"We understand the pressing need for the nation to get its fiscal house in order. DOD should do its part, but it is imperative we do so in a coherent and thoughtful manner to ensure appropriate readiness, warfighting capability, and forward presence - the attributes we depend upon from our Navy."
- Admiral Greenert, Chief of Naval Operations (HASC Hearing testimony, September 18, 2013)
EFFECTs OF SEQUESTRATION AND A CONTINUING RESOLUTION
34 OF 55 NAVY SURFACE SHIP MAINTENANCE CONTRACTS CANCELLED
$950 MILLION IN MAINTENANCE LOSSES IN FY14
30 FEWER SHIPS IN 2020 NAVY FLEET IF SEQUESTRATION CONTINUES
8,000 SHIPYARD JOBS AT STAKE
jobs at risk
In the U.S., private shipyards support over 400,000 jobs in all 50 states. Click HERE to see how the shipyard industry benefits your district and state.