The output of an FMI capabilities study provides a clear understanding of the rounded capability of a shipyard to construct or repair specific types of naval and commercial vessels. This includes the ‘soft’ areas such as engineering, procurement, planning, and human resources, as well as the equipment and facilities. The tools were originally designed to assist the US Department of Defense formulate a vessel acquisition strategy in the late 1990’s. They have subsequently been refined and used in several commercial and naval vessel acquisition programmes including Canada’s National Shipbuilding Procurement Strategy (NSPS) and the Future Submarine Program in Australia.  Both our shipyard capabilities assessment and benchmarking tools were central to the NSPS process.