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Navy/USMC

CNO Warns Of Cuts To P-8, LCS, F-35C

Defense Daily Staff Defense Daily Staff
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Chief of Naval Operations Adm. Jonathan Greenert has told Congress that the service might have to scale back the procurement of several major acquisition programs to offset possible funding losses for operations and maintenance. In testimony this week to the armed services committees in the House and Senate, Greenert said the Navy could face an $8.6 billion shortfall in operations and maintenance for fiscal year 2013 under automatic cuts known as sequestration, with a continuing resolution (CR) governing spending, as…

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