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John Phelan: “We have one company that builds aircraft carriers. We have…”

Featuring: John Phelan, Secretary of the Navy | National

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Fireside Chat with John C. Phelan

Published | Video Starts at 15:10

That's what happens in Japan. So I was trying to modernize these practices and push. And I think part of this is, candidly, it's a bigger question. We need competition. We have one company that builds aircraft carriers. We have two companies that build submarines. We've one that builds destroyers. There's not enough competition, and it's not like they're not trying. But, you know, when we consolidated the defense industry into five, there's. There's no incentive to innovate or mess that up. (15:10–15:19)

CLAIM

Asserts the limited number of companies building specific types of naval vessels.

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