Did the focus on winning the naval building race come at the expense of preparing a fleet to fight?
Short answerFighting preparation remained the work of the First and Second Sea Lords, whose performance is judged favourably. The construction drive is not presented as evidence of neglect.
NotesThe concern is that winning the construction race could take attention away from preparing a fleet for war. Responsibility for that preparation is assigned here to the First and Second Sea Lords. Their work is judged favourably, so the pressure to deliver ships is not treated as evidence that fighting readiness had been neglected.