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This is him trying to take credit for something he didn't do, so par for the course just on a different angle.

Biden allowed a South Korean company to purchase the company that took over part of the Philadelphia Naval Shipyard so that they could improve it and increase capacity. The Navy has been talking about using South Korean yards for over a year as well.

Unfortunately when the cold war ended and we rushed head long into closing bases we also closed shipyards. Closing an army or air force base is a big deal but in the end it's just flat land, if you need to build a new one of those bases there is plenty of land especially in the west where you can do it. A shipyard is an entirely different animal, you need a port on a bay and the last time I checked we've built up cities and marinas around pretty much every port in the US. So when they closed Long Beach, Hunter's Point, Mare Island and the Philadelphia Navy Yard we lost most of that capacity. That doesn't just mean the ability to build new ships, it means the ability to repair existing ones as well. Right now on the West coast the navy can only drydock carriers in Bremeton, WA for instance.

It was a stupid shortsighted decision and one you can't go back from unless you take all that land back but nobody is going to do that.