How to capture the opportunity of shipbuilding’s golden age

How to capture the opportunity of shipbuilding’s golden age

Shipbuilding in Canada is poised to enter a golden age but the new approach to design, construction and sustainment it calls for won’t be realized if the industry maintains its traditional posture of moving slowly on every decision.

This golden age marks a structural break from the past, one that will see the industry move beyond boom–bust cycles driven by episodic procurement towards sustained, planned production.

Modernized yards and a renewed focus on industrial capability can position shipbuilding as a platform for security, resilience and innovation.

Durable demand drivers, based on multi-decade federal commitments, Arctic sovereignty and global naval recapitalization are aligning to make Canada’s shipbuilding industry a national strategic asset.