"Given the shipbuilding challenges, the budget situation, and challenges with recruiting and retention, the Navy is at a crossroads as it faces rapidly evolving threats from peer adversaries, such as China," Shelby Oakley, a director in the US Government Accountability Office who oversees the office's investigations of Navy shipbuilding, told Business Insider.
"The US shipbuilding industry is a shadow of what it was in the final years of the Cold War. The Navy is reliant on only a handful of major shipbuilders that design and construct different ship classes."
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