On the recordJune 8, 1999
As I am sure the chairman and ranking member are aware, much of the research into this technology has been privately funded. General Dynamics and Eaton Corporation, among others, have been leaders in the field of electric drive and their efforts have been crucial to moving the development along. Their investment has presented the Navy and Congress with an excellent opportunity to take advantage of developments financed in the private sector. As the Navy continues to evaluate electric drive and the DD-21 program I hope the committee will be ready to capitalize on that investment.
Source
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