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U.S. cuts key submarine order for 2025 amid shipbuilding jam

WASHINGTON -- The U.S. Department of Defense will order just one Virginia-class nuclear-powered attack submarine in fiscal 2025, a drop from the two-per-year pace of recent years.

The decrease, announced Monday, reflects U.S. shipbuilding bottlenecks. The two private shipyards that produce the Virginia class -- General Dynamics and Huntington Ingalls Industries -- face mounting backlogs due to limited capacity and personnel shortages.

Read more on asia.nikkei.com