Amid competition with China, US lawmakers move proposal to upgrade naval shipyards ANI | Updated: May 19, 2021 21:30 IST
New York [US], May 19 (ANI): In a bid to prepare for a greater power competition with China, a bipartisan group of US lawmakers has proposed a USD 25 billion cash infusion into America s outdated naval shipyards.
Considering the pace at which Beijing is building its own ships, there are mounting concerns in the American defence community over the adequacy of vessel production and maintenance, reported Nikkei Asia.
The bill submitted to Congress is titled the SHIPYARD Act, which stands for the Supplying Help to Infrastructure in Ports, Yards and America s Repair Docks Act of 2021.