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US Navy Eyes $2B for Foreign Shipbuilding Study

March 1, 2023

2 min read

Key Takeaways

US Navy plans to spend $1.85 billion on foreign shipbuilding studies.
Studies focus on frigates or destroyers in foreign shipyards.
Program aims to attract foreign investment and expertise.
Model based on Coast Guard's icebreaker procurement program.

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Strategic Implications

This move may indicate the Navy's willingness to explore alternative shipbuilding options due to domestic challenges. The investment could suggest a shift towards more collaborative and efficient construction methods, which may benefit both US and foreign shipbuilders.

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What Happened

Navy Seeks Foreign Partners For Shipbuilding Amid Domestic Challenges

The US Navy is planning to allocate $1.85 billion for studies on foreign shipbuilding options, including the construction of frigates or destroyers in foreign shipyards. The program aims to attract investment and expertise from overseas, boosting US shipbuilders’ ability to produce complex designs with higher efficiency. The move comes as the Navy faces challenges in its domestic shipbuilding programs, with all newbuild classes behind schedule. The plan was first reported by The Maritime Executive.

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