PORTSMOUTH, New Hampshire (NEWS CENTER) -- The Portsmouth Naval Shipyard is booming. That's according to a report on the installations economic impact from last year.
The shipyard, located in Kittery, employs nearly 5,500 people and generates $600 million dollars in the local economy of both Maine and New Hampshire. The shipyard was put on the base closure list 9 years ago, but survived the process.
Protecting the shipyard and it's several thousand employees is always a constant, especially in light of comments made by defense secretary Chuck Hagel earlier this week.
The secretary said he may push for another round of base closures without the approval of Congress. The statements are being viewed as a potential threat to the shipyard and dominated a news conference Friday afternoon held by the Seacoast Shipyard Associations, which works to keep the shipyard open.