“We are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding,” President Trump said during his March 6 joint address to Congress.
The president did not break new ground with the announcement. Virtually every year, Navy and industry leaders complain that the United States does not invest enough in the nation’s shipbuilding facilities. Yet according to the Congressional Budget Office, lawmakers have appropriated more shipbuilding funds than the president requested for at least 17 of the past 20 years. Even with the extra funds, the Navy’s major shipbuilding programs have consistently fallen behind schedule and over budget.
Over the next three years, the Navy plans on retiring 13 more ships than it will commission, shrinking the fleet to 283 ships by 2027. According to the Navy’s current plan, the fleet will grow to 515 crewed and uncrewed vessels by 2054. To reach that goal, the Congressional Budget Office estimates the Navy will spend more than $1 trillion, nearly $36 billion each year for the next three decades on shipbuilding alone.
It remains unclear if the Navy can realize its plan, even if Congress provides the funds. Ramping up naval construction is not simply a matter of resources. The Navy spent $2.3 billion between 2018 and 2023 to increase the capacity of the submarine shipyards. Despite this investment, the production rate for Virginia-class attack submarines decreased from around two boats per year to 1.2.
In just 10 years after the end of the Cold War, the number of skilled shipyard workers shrank from 62,000 to 21,000. The number of workers has increased since 2001, but shortages remain. During a 2024 symposium, the director of the Navy’s Submarine Industrial Base Program said the United States needs to hire 140,000 workers just to meet the needs of the current submarine building program.