History
The company’s history began in 1940, when the U.S. government saw the acute need to build a large fleet of Merchant ships, both to fulfill commitments to the British and, if The United Kingdom fell, to strengthen its position for war. The Maritime Commission decided to allow established shipyards to build new facilities and operate them for the government. Newport News Shipbuilding and Drydock Company agreed to build a shipyard in Wilmington, adequate to deliver 25 Liberty ships by March 15, 1943. The new company was organized with Newport News executives at its head.
Read more about this topic: North Carolina Shipbuilding Company
Famous quotes containing the word history:
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