Sustained orders could support strategic independence as well as industry. Dependence on foreign suppliers can become expensive or dangerous when a crisis arrives, and the contemporary case for domestic orders was often made by conservative politicians. A government can act as owner and shareholder while professional managers run the business and technical experts oversee procurement. The essential requirement is reinvestment rather than treating the enterprise as a short-term source of cash.
Notable Point · 1:12:14-1:18:17
Government ownership without day-to-day management
Public investment in strategic shipbuilding need not mean politicians directly managing the enterprise.