There are no penalties.... For instance, we're now looking at, potentially, the last ship in 2047. Let's say it's 2055. I would imagine that all of us will be gone, and maybe we'll be tuned in virtually somewhere, but there's no penalty at all if this national shipbuilding goes way off the rails and is further delayed for unforeseen circumstances.
On May 25th, 2021. See this statement in context.