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Navy/USMC

Navy Argues New Alabama Shipyard Private Partnership Worth Risk, Opens Door To More

Monday, September 23rd, 2024

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Navy Argues New Alabama Shipyard Private Partnership Worth Risk, Opens Door To More

The existing Alabama Shipyard maintenance and upgrade facility operating on 25 percent of pinto Island in Mobile Ala. (Photo: Alabama Shipyard)

Navy officials last week argued the new public-private partnership to develop an Alabama site for more naval industrial base production is worth the risk and opens the door to other similar partnerships. Matt Sermon, Executive Director of the Program Executive Office for Strategic Submarines, told reporters on Friday that this new site and structure, dubbed the Mobile Naval Yard, is worth the risk. “There are risks, right? But we did evaluate those, along with our partners, contract with Austal, as…

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