Dave McCormick: “We have less than 1% of global shipbuilding.”

“I said earlier, which is we need to do two things. We've let the defense industrial base drift and so basic fundamental things like shipbuilding as an example, we've lost the capability to do that. We have less than 1% of global shipbuilding. So in the Philadelphia shipyard, we need to go from one ship a year to 20 ships a year.” (14:47–14:51)

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