Since 2010, the private shipbuilding and ship repair industry has grappled with the constant up-and-down nature of budget cycles because of sequestration and, more recently, the embrace by Congress of Continuing Resolutions.
It is paramount that Congress does its part and returns to passing regular appropriations bills on time before the end of each fiscal year.
Unstable budgets and continuing resolutions are devastating to the shipyard industry by undermining the industry’s ability to operate effectively and plan for the future. Added uncertainty undermines investments in our facilities and workforce as shipyards may be forced to delay infrastructure upgrades or hiring. Ultimately, the lack of stability and predictability hurts the national shipyard industry and ultimately makes ships and systems more expensive and behind schedule.
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