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This report, developed in collaboration with the United Kingdom's National Shipbuilding Office, provides an in-depth assessment of the opportunities and challenges facing the UK shipbuilding and ship repair industry. Building on detailed analysis of global market trends, peer economies and domestic capabilities, the report identifies priority segments where the UK could strengthen its competitive position and enhance long-term resilience. The study underscores the importance of improving data availability, skills intelligence, and knowledge exchange to support effective decision-making across government and industry. It also examines the role of government in addressing market distortions, supporting related industries, fostering innovation, and advancing the digitalisation and decarbonisation of the UK maritime sector. The report offers a set of evidence-based recommendations to help revitalise production capabilities, reinforce the skills base, modernise facilities, strengthen supply chains, and create a predictable environment that enables strategic investment and sustainable growth.