H.R. 4951: Ensuring Naval Readiness Act
This bill is titled the Ensuring Naval Readiness Act
and focuses on changing the regulations around the construction of naval vessels by allowing some exceptions to the existing prohibition on such construction in foreign shipyards.
Key Provisions of the Bill
- The bill amends Section 8679 of Title 10 of the United States Code, which currently restricts the construction of naval vessels in foreign shipyards.
- Under the new provisions, naval vessels can be constructed in foreign shipyards if the following conditions are met:
- The shipyard is located in a North Atlantic Treaty Organization (NATO) member country or in a country within the Indo-Pacific Region that has a mutual defense treaty with the United States.
- The cost of construction in the foreign shipyard is less than what it would cost to build the vessel in a domestic U.S. shipyard.
- Additionally, before construction begins at a foreign shipyard, the Secretary of the Navy must certify to Congress that the shipyard is not owned or operated by a Chinese company or by any multinational company based in the People’s Republic of China.
Implications
This legislation aims to provide flexibility in naval shipbuilding by potentially reducing costs and leveraging allied shipyards while ensuring national security concerns are addressed with stringent requirements regarding the ownership of the shipyards used for construction.
Relevant Companies
- None found
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
1 sponsor
Actions
2 actions
Date | Action |
---|---|
Aug. 12, 2025 | Introduced in House |
Aug. 12, 2025 | Referred to the House Committee on Armed Services. |
Corporate Lobbying
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Potentially Relevant Congressional Stock Trades
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