U.S. Shipbuilding Industry Reaps Benefits from Investment Capital, Workforce Increase, and Navy Yard Activities
Over the past week, U.S. shipbuilding has been marked by new federal workforce funding, private yard expansion plans and high level Navy engagement with industry. The Labor Department unveiled a multimillion-dollar shipbuilding workforce plan, Master Boat Builders unveiled their defense focused facility and Navy leaders toured Bollinger Shipyards to review projects and capacity - these developments represent a coordinated effort to accelerate fleet growth.