American Shipbuilding Association

Building ships is building security and jobs.  The American Shipbuilding Association continues to work to ensure this country maintains a strong U.S. shipbuilding industry and vibrant manufacturing industrial base.  To support these goals, the industry’s FY 2008 legislative priorities include:   

• Increase the Navy’s ship procurement budget to a minimum of $14.1 billion. 

• Stop Department of Defense de facto purchase of foreign-built ships through long-term leases.  Enact legislation to limit the terms of these leases to not more than 24-months.

• Encourage use of contract incentive fees in all shipbuilding contracts for the purpose of facility investment.

• Prohibit the Navy from withholding and retaining owed payments to shipyards – which restricts cash flow needed for efficiency.