Good afternoon, Mr. Chairman and members of the committee. I'd like to thank you for the opportunity to speak to you here today to provide an update on our work at the Halifax shipyard.
With me today are members of the executive team, as was mentioned. Vice-chairman Ross Langley is not here with us at the present time. Mr. Kevin McCoy is our president, and Mr. Scott Jamieson is vice-president of programs.
We have a proud history of building ships for Canada. We've built more than 80% of Canada's current naval fleet. The Halifax shipyard has been maintaining the Royal Canadian Navy since its inception. That was a long time ago. Canada can be proud of the national shipbuilding strategy that's in place, and after a long period without building ships in Canada, we now have a strategy that makes sense for Canada and Canadians, and we'll make sure the navy and the Coast Guard get the ships they need at a fair price.
We've gone around the world to bring in the best management team with the right experience to lead our Canadian workforce to become world-class performers in the industry.
We've invested over $360 million to construct state-of-the-art facilities with the best equipment for the efficient building of Canada's naval ships. We are committed to not only doing a great job of building ships for Canada, but also to making sure that the industry remains sustainable for the long term.
Finally, we are spending a lot of effort to tell the story of our progress and success to Canadians through our website and other communication means.
Every time there is a contract placed or a value proposition announcement, we get the word out so that Canadians and government officials have a chance to see the good things that are happening as a result of this shipbuilding strategy.
We are proud to continue our long history as a trusted partner in Canadian shipbuilding.
Now I'll turn it over to Mr. Kevin McCoy, our president, to speak to you about the work that's under way currently at the Halifax shipyard.
Thank you.