Grabow: Military contracts, not the Jones Act, generate most U.S. shipyard revenue
Colin Grabow · How an obscure, 100-year old law is disrupting U.S. energy · Apr 18, 2024 · at 28:27
Cato Institute fellow Colin Grabow evaluates the commercial incentives facing American shipyards in the context of maritime trade laws.
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“Navy contracts, which this is unrelated to the Jones Act, but they also have you know, Navy and military contracts are really their bread and butter. Jones Act is kind of a sideshow for most of them. The majority of revenue is from government contracts.”
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