By Edward McDonald, Owner, Edward Maritime LLC I am writing to share my thoughts on the recent approval of the “BIG BEAUTIFUL BILL,” which provides a significant $29 billion increase in funding
By Edward McDonald, Owner, Edward Maritime LLC
I am writing to share my thoughts on the recent approval of the “BIG BEAUTIFUL BILL,” which provides a significant $29 billion increase in funding for shipbuilding, focusing mainly on naval shipyards that handle government contracts.
While the funding from the Big Beautiful Bill is a positive step for our naval capabilities, it is important to note that most of these resources are directed toward a small number of dominant shipyards. This concentration creates challenges for many individuals and companies eager to contribute to the growth and innovation in the shipbuilding industry. Such an approach may limit competition and opportunities for smaller players who could offer valuable perspectives and skills.
Small private shipyards are vital to our maritime economy. They help create jobs and foster innovation, which is essential for the industry’s long-term success. We must consider ways to ensure that resources are
Content Original Link:
" target="_blank">
