Bollinger’s CEO says the deal has strengthened his company’s standing in the industrial base, but analysts worry the merger is a bellwether for more consolidation to come – which could impact the Pentagon’s shipbuilding plans.
By Justin KatzThe Weekly Break Out web news show
Coming in 2025! The Washington Monument is an iconic part of Washington. There’s something else monumental coming to defense in DC in 2025.
A new study points out that the Navy should do better at tracking how many ships it can call on in a pinch.
By Paul McLeary
WASHINGTON: “About half” of the shipyards building US Navy vessels are “one contract away” from leaving the business, the Navy’s top procurement officer told the Senate today. After decades of decline due to foreign competition, the US shipbuilding industry has become so fragile and so dependent on government contracts that the Navy is taking unprecedented and…
By Sydney J. Freedberg Jr.
