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DoD Proposes Smaller FY 2013 Shipbuilding Budget

The Pentagon’s funding request for Navy shipbuilding for fiscal 2013 released yesterday is down by more than $1 billion from the current spending year, but did not reflect the plan to delay construction on two Littoral Combat Ships and a Virginia-class attack submarine. That will instead take place later in the five-year shipbuilding plan. The Navy is seeking $13.5 billion for shipbuilding or about $1.4 billion less than Congress appropriated for fiscal 2012, which ends Sept. 30. Overall, the Pentagon is asking…

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Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

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