John Phelan, President Trump’s nominee to serve as the next Navy secretary, told lawmakers today that if confirmed, he will personally review all existing contracts and renegotiate them if needed. Phelan, a businessman and financier with no prior experience working in or around the Navy, said solving shipbuilding and maintenance problems would be a top priority if he is confirmed to the position. “I intend to sit down on day one. We are going to go through every contract that...