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$5 Billion CVN-76 Gains Support

At press time it appeared that CVN-76, the nuclear-powered aircraft carrier which would be built at Newport News Shipbuilding, was gaining support in Washington. On May 5 the House Armed Services Committee approved full funding for the carrier in the fiscal 1995 defense authorization bill (HR4301) that the House began debating in mid-May. (The Clinton Administration has requested $3.6 billion in the FY '95 budget for the project.) President Clinton's initial support for CVN-76 came via the bottom- up review — a statement of the country's post-Cold War military needs, which expressed a need for a 12-carrier fleet — released last September by then Defense Secretary Les Aspin.

Of course the building of CVN-76 would have an economic ripple effect far beyond the Virginia-based Newport News Shipbuilding, and would come as a big boost for many suppliers affected by the Navy's current downsizing plans.




Shipbuilding / Vessel Construction History

$5 Billion CVN-76 Gains Support
Appleton Marine, Inc.
BUYING INTO THE FUTURE U.S. Industry Is Changing To Compete
Chesapeake Shipbuilding Launches New Vessel
Consolidation of Power
CVN-76: BEYOND VIRGINIA
Detroit Diesel Computer System To Control Engines On Gladding-Hearn Built Research Vessel
German Marine Equipment Manufacturers As Driving Forte In Technology And Cost Efficiency
Gladding-Hearn Builds Whale-Watching Cat
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Intergraph Expands Capabilities For Ship Design And Production CAD/CAM Systems
Kockums To Launch New Generation Of Shipbuilding Systems
Lucent Technologies Gets Contract With Chinese Shipbuilder
Marinex, Ingalls & Metro Machine Tanker Project Wins MARITECH Funds
McDermott, Shipbuilding Ventures Inc. Sign Agreement To Build Product Carriers In U.S.
NEVA '93 The International Shipping Exhibition with Russia and the Republics St. Petersburg, September 14-18
Newport News One Of Two Finalists For Sabine Double- Hull Refit Contracts
NNS lays Keel For First Of Nine Double Eagle Product Tankers
NNS To Develop Construction, Repair Facility In UAE
ORDERS CONTINE TO FLOW
Pick Up Speed?
Royal Schelde Expands Commercial Work
SCA: OECD Talks Fail On Jones Act, European Export Credit Issues
Ship Orders Unhalted By Industrial Unrest
Shipbuilders Announce Incorporation Of American Shipbuilding Association American Shipbuilding Association
Strategic Value Added: Navy-Industry Cooperation for the Future
The Future Of American Shipbuilding
U.S. Named Official Partner Country At SMM '96
Vickers Shipbuilding Upgrades Software Capability
World Shipbuilding Associations Address Commercial Fleet Safety
 
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