Trump Announces Creation of New Shipbuilding Office in White House

Date:

Washington: President Donald Trump announced the creation of a shipbuilding office in the White House centred on revitalising the nation’s commercial and naval shipbuilding industry.

“To boost our defence industrial base, we are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding,” Trump said during a presidential address to a joint session of Congress, to applause from Republican lawmakers. “And for that purpose, I am announcing tonight that we will create a new office of shipbuilding in the White House and offer special tax incentives to bring this industry home to America where it belongs.

ads

“We used to make so many ships,” the president added. “We don’t make them anymore very much, but we’re going to make them very fast, very soon, it will have a huge impact.” Trump did not specify what kind of financial incentives the office could provide to industry, nor did he provide other details about the role the new office will play in bolstering naval shipbuilding.

The Navy’s shipbuilding industrial base has faced supply chain constraints and workforce shortages after years of consolidation and the impact of the COVID-19 pandemic, which resulted in the mass retirements of skilled labourers. Over the past couple of years, Congress has provided billions in additional funds to shore up the submarine industrial base, which has been especially impacted by supply chain challenges.

The announcement of the new shipbuilding office is part of what Trump characterised as a focus on building “the most powerful military of the future,” which also includes the construction of a comprehensive missile defence system for the United States homeland that is now being called Golden Dome.

More like this

Thales is a Major Contributor to the Success of SAMP/T NG Selected by the Danish Ministry of Defence

New Delhi: Initially designed to handle the Aster family’s...

Operation Nepal 1965: Indian Army’s Counter-Offensive

After the debacle of the China War of 1962,...

Middle East: Little Room for Manoeuvrability 

In the realm of International Politics, security is regarded...

IAI Conducts First NeuSPHERE Demo Day, Showcasing Cutting-Edge Indian Startups

New Delhi. Israel Aerospace Industries (IAI), a world-class aerospace and...

New Framework to Streamline Revenue Procurement Unveiled by Ministry of Defence 

New Delhi: With Western and Northern borders continuing to...

Israel Receives First Operational Images from Ofek 19 Satellite

Tel Aviv: Two weeks after its successful launch, engineering...

Israeli Ministry of Defence Establishes New Ammunition Directorate

Tel Aviv: The shortage in certain types of ammunition...

Satellite Debris Inspection Mission: Astroscale Signs Launch Agreement with NSIL

Tokyo, Japan. Astroscale Japan Inc. (“Astroscale Japan”), a subsidiary...
Indian Navy Special EditionLatest Issue