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Press Release: King Questions Navy Nominee on Long-Term Shipbuilding Plans and Defense Contracts

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Senator Angus King advocates for a long-term shipbuilding plan to enhance stability for Maine's defense contractors.

Quiver AI Summary

U.S. Senator Angus King (I-ME) emphasized the need for a long-term shipbuilding plan during a Senate Armed Services Committee hearing, seeking commitment from Admiral Daryl Caudle, the nominee for Chief of Naval Operations. King stated that a 30-year shipbuilding plan would provide "consistent demand signals" crucial for shipyards like Bath Iron Works and Portsmouth Naval Shipyard.

Admiral Caudle acknowledged the importance of a stable shipbuilding framework, stating, "Changing year 31 is okay, but not year 1," in support of multi-year procurement that supporters argue can help maintain workforce stability. King reiterated the need for predictability in defense contracts to prevent workforce loss.

King, a committee member, has voiced strong support for the industrial base, recently urging long-term investment strategies to avoid gaps in contracted work that threaten national security. His advocacy aligns with discussions around best practices from the private sector to enhance shipbuilding efficiency.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Angus S. King Jr. Net Worth

Quiver Quantitative estimates that Angus S. King Jr. is worth $9.5M, as of July 25th, 2025. This is the 98th highest net worth in Congress, per our live estimates.

King has approximately $2.8M invested in publicly traded assets which Quiver is able to track live.

You can track Angus S. King Jr.'s net worth on Quiver Quantitative's politician page for King.

Angus S. King Jr. Bill Proposals

Here are some bills which have recently been proposed by Angus S. King Jr.:

  • S.2409: A bill to amend the Federal Meat Inspection Act to exempt from inspection the slaughter of animals and the preparation of carcasses conducted at a custom slaughter facility, and for other purposes.
  • S.1345: America's First Fuels Act
  • S.1336: Jobs in the Woods Act
  • S.1315: A bill to amend the Internal Revenue Code of 1986 to provide a refundable credit for certain home accessibility improvements.
  • S.1279: A bill to redesignate the Hulls Cove Visitor Center at Acadia National Park as the George J. Mitchell Visitor Center.
  • S.1217: Fishing Industry Credit Enhancement Act of 2025

You can track bills proposed by Angus S. King Jr. on Quiver Quantitative's politician page for King.

Angus S. King Jr. Fundraising

Angus S. King Jr. recently disclosed $10.0K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 874th most from all Q2 reports we have seen this year. 4.9% came from individual donors.

King disclosed $55.8K of spending. This was the 668th most from all Q2 reports we have seen from politicians so far this year.

King disclosed $114.2K of cash on hand at the end of the filing period. This was the 761st most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Angus S. King Jr.'s fundraising on Quiver Quantitative.

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