Public ownership is proposed as one response when a navy depends on a single company for carrier construction. Removing the private supplier's profit margin might reduce ship prices. A Royal dockyard would still need a continuous building programme, since the government would pay its workforce during gaps in orders. That obligation helps explain the preference for private yards despite their monopoly position.
Notable Point · 38:06-38:46
Royal dockyards, profit margins, and continuous work
A proposal to restore Royal dockyards weighs possible savings against the government's obligation to sustain construction between orders.