New SHIPS Act Legislation aims to revamp U.S. shipbuilding industry - USNI News (12/2024).

USNI News reported that lawmakers on Thursday (12/19) unveiled bipartisan legislation to reform the commercial maritime and shipbuilding sectors so the U.S. can better compete with China. The Shipbuilding and Harbor Infrastructure for Prosperity and Security for America Act, also known as the SHIPS Act, would stipulate the creation of a national maritime strategy and a maritime security advisor who would sit on the White House National Security Council. Full article available from USNI here.