"The project was behind schedule and millions in the hole," said John Graykowski, former administrator of the government's shipbuilding program.
For this reason, he oversaw the development of cruise missiles, the B-1 bomber, and a major naval shipbuilding program.
Announcing that the shipbuilding program will be cut is the easy part; fighting influential members of Congress seeking to triple its size is another.
The shipbuilding program will probably be preserved because of the people of Mississippi.
For their part, Navy officials say Congress might well put more money into their shipbuilding program.
Eight were laid down as part of the 1912-16 shipbuilding program.
The first shipbuilding program consisted of 52 vessels.
Competition was far more intense than before the war, as anyone who had money could construct ships under the government-sponsored shipbuilding program, started in 1947.
These and other raids prompted a shipbuilding program at the dockyards of Seville.
The shipbuilding program was not easy to implement as Canada had only four operational shipyards with nine berths in 1940.