Search This Blog

Wednesday, November 05, 2014

Sequester Could Kill Shipyards, Says CNO Greenert

Jonathan GreenertNavy readiness won’t fully recover from the second-order effects of the 2013 sequester for another year, the Chief of Naval Operations said this morning — and if the Budget Control Act cuts (known as sequestration) return in full force for fiscal year 2016, the nation might lose two of its five remaining major shipyards.

“I worry about the shipbuilding industrial base,” Adm. Jonathan Greenert said at the Brookings Institution.

If sequestration forces steep cuts to the Navy’s shipbuilding account — which Congress has actually been pretty adamant about protecting; more on that below — the impact on the size of the fleet “would take years to manifest,” he said: Ships last for decades, so building fewer today generally comes back to bite you in a generation, not immediately.

Read more

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.