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Sequestration? What Sequestration?
Smaller boatyards carve out a profitable niche in this challenging, yet target rich maritime environment. For Kvichak and USMI; so far, so good. The May edition…
Budget Battles Bumping Backlogs?
Patrol And Combat Builders Fret About Budget Cuts But See Bright Spots. So far; so good. U.S. companies building patrol and combat craft aren’t happy about federal, state and city budget cuts but say they do see positive, demand-side factors. Much of their overseas business depends on the U.S. Foreign Military Sales program. The FMS, which transfers defense equipment and services to other nations, is retrenching now, however.
