Shipbuilding

Navy Pushed $600 Million Into Shipbuilding Industry Base For Pandemic Response – Defense Daily Network

April 29, 2020

James Geurts, Assistant Secretary of the Navy for Research, Development and Acquisition (ASN (RD&A)). (Photo: U.S. Navy)

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The Navy’s top acquisition official said the Navy recently infused about $600 million into the shipbuilding industrial base by reducing withholds and retainers to help it deal with COVID-19 pandemic issues.

“Just in the NAVSEA programs we were immediately…

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Navy Pushed $600 Million Into Shipbuilding Industry Base For Pandemic Response – Defense Daily Network

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