Federal Shipbuilding & Dry Dock Company was a subsidiary of U.S. Steel. Its Kearny shipyard was developed for the WWI war effort and managed to stay fully operational throughout the inter-war years. It expanded its capabilities for the WWII effort, with the aid of $10mm from the Navy, and developed a second shipyard, in Port Newark, with another $20mm from the Navy. Both yards closed permanently after WWII and were liquidated
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