Bill > S406

This bill modifies existing naval vessel construction regulations by creating an exception to the current prohibition on building naval vessels in foreign shipyards. Specifically, the bill allows naval vessels or major hull components to be constructed in foreign shipyards located in NATO member countries or countries in the Indo-Pacific region that have a mutual defense treaty with the United States, but only if the construction costs are lower than what would be incurred in a domestic shipyard. Importantly, before any such construction can begin, the Secretary of the Navy must certify to Congress that the foreign shipyard is not owned or operated by a Chinese company or a multinational company based in China. This provision appears designed to address national security concerns while providing potential cost-saving opportunities for naval vessel construction, ensuring that strategic geopolitical considerations are taken into account when selecting international shipbuilding partners.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/senate-bill/406/all-info