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Tuesday, February 19, 2013

Concern Rising at Pearl Harbor Navy Shipyard


The United States Navy has recently announced that they will be forced to cancel planned repairs on at least 24 ships around the country due to the fact that Congress has not approved an appropriation bill for the 2013 fiscal year. This directly affects the Pearl Harbor Navy Shipyard which was slated to do a $200 million modernization of the USS Russell and a $35 million repair on the USS Chafee. There is a significant concern as to how many jobs would be lost at the Navy Shipyard if Congress does not act quickly.
Source: Honolulu Star Advertiser, 2-19-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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