Shipbuilding

WASHINGTON — The U.S. Navy’s abrupt cancellation of 16 of 20 planned Constellation-class frigates represents a watershed moment for the defense industrial base, particularly for Fincantieri Marinette Marine, the Wisconsin shipyard that won the initial contract in 2020. Navy Secretary John Phelan announced the decision via social media last week, stating: “From day one I made it clear: I won’t spend a dollar if it doesn’t strengthen readiness or our ability to win.” The announcement follows years of cost overruns and schedule delays on what was initially a $20 billion program.

Tokyo, December 1, 2025 — Seven major Japanese maritime and industrial entities have concluded a significant Memorandum of Understanding to establish a standardized design framework for liquefied CO₂ (LCO₂) carriers and alternative fuel ships. Signatories include Mitsubishi Shipbuilding Co. The collaborative framework designates MILES Co., Ltd.—formerly MI LNG Company—as the coordinating platform responsible for developing and executing initial ship designs. This standardization approach enables participating shipyards to conduct functional and production design work based on common specifications, significantly reducing development timelines and manufacturing complexity.

WASHINGTON — The Government Accountability Office has raised serious concerns about the Coast Guard’s Offshore Patrol Cutter program, warning that construction has begun on new vessels before de...

WASHINGTON - The U.S. Navy announced a major strategic pivot today, terminating the final four ships in the Constellation-class frigate program as part of a comprehensive effort to reshape naval acquisition and modernization priorities. Navy Secretary John Phelan made the announcement via social media, stating: “From day one I made it clear: I won’t spend a dollar if it doesn’t strengthen readiness or our ability to win. To keep that promise, we’re reshaping how we build and field the fleet-working with industry to deliver warfighting advantage, beginning with a strategic shift away from the Constellation-class frigate program.”