A report details how China has grown to be the dominant global player in shipbuilding, dwarfing the U.S., which now has only 0.1% of the global market. "What we are trying to do is be a contributor to our neighbors and help them,” one Canadian shipbuilding executive said. The nonprofit is asking lawmakers to bolster the Navy's fleet of battle force ships in preparation for long-term and large-scale wars. The Icebreaker Collaboration Effort, or ICE Pact, between the United States, Canada and Finland is meant to pool new ship construction. The Navy's plan for its future fleet would require $1 trillion and a drastic increase in productivity at the nation's shipyards. U.S. lawmakers warn a weak military industrial base could invite aggression with China. Lawmakers on both sides of the aisle expressed concern over the safety of sailors and ships due to faulty welding in a shipyard. The Justice Department said Austal USA conspired to mislead shareholders and investors about its financial condition. Labor shortages are one of many challenges that have led to backlogs in ship production at a time when the Navy faces expanding global threats. Master-at-Arms Seaman Recruit Xavier Mitchell-Sandor is one of at least three sailors that died by suicide aboard the carrier in April 2022. Load More