By James R. McCaul, President International Maritime Associates, Inc.

Quarterly Update On U.S.

Navy Ship Procurement February 1986 IMA provides continuing coverage of the Navy ship procurement market. Each quarter several hundred subscribers receive indepth, analytical reviews of development affecting Navy business opportunities.

This article is an excerpt from IMA's February quarterly report.

FIVE-YEAR SHIPBUILDING PLAN Navy has proposed a program to build or convert 126 ships over the FY 1987-1991 period. The plan is shown in Exhibit 1.

Navy Lowers Construction Tempo Budget pressures are affecting Navy ship procurement plans. Fewer ships are proposed to be built or converted over the next five years than in recent plans. Navy last year proposed a five-year plan to build or convert 133 ships. The plan submitted to Congress two years ago (FY 1985) proposed 142 ships.

Maritime Reporter Magazine, page 12,  Mar 1986

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.