Navy plans to invest $100 million in Portsmouth Naval Shipyard

The Associated Press
Posted March 10, 2011, at 6:30 p.m.

KITTERY, Maine — Senators from Maine and New Hampshire say the U.S. Navy plans to spend about $100 million on upgrades at the Portsmouth Naval Shipyard.

The funding would be used for energy conservation and repairs to submarine enclosures and the waterfront support facility as well as structural repairs, building renovations and consolidation of the yard’s workshops.

Maine Sen. Susan Collins, a member of the Armed Services Committee, says she’s pleased that the Navy recognizes the critical need for the investments. Congress still must authorize the funding for fiscal 2012.

But more money is needed. She pointed to a Government Accountability Office report that concluded the Navy’s estimate of a $3 billion shortfall in modernization of four public shipyards, including $513 million at Portsmouth Naval Shipyard alone, underestimates the actual backlog.

http://bangordailynews.com/2011/03/10/business/navy-plans-to-invest-100-million-in-portsmouth-naval-shipyard/ printed on August 23, 2014