Complex sentence: The ship was laid down as "Cabot" on 15 July 1941 by Bethlehem Steel Co., Quincy, Mass., and renamed "Lexington" 16 June 1942, and launched on 23 September 1942, sponsored by Mrs. Theodore Douglas Robinson.
Split into simpler sentences: The ship was laid down as "Cabot" on 15 July 1941 by Bethlehem Steel Co., Quincy, Mass., and renamed "Lexington" 16 June 1942. She was launched on 23 September 1942, sponsored by Mrs. Theodore Douglas Robinson.