Sign In
Search
Navy/USMC

FY 2018 Navy Budget Request Holds Steady On Procurement

Rich Abott By
SHARE:
FY 2018 Navy Budget Request Holds Steady On Procurement
NORTH PACIFIC OCEAN – An F-35B from Marine Fighter Attack Squadron (VMFA) 121, 3rd Marine Aircraft Wing, refuels in flight while transiting the Pacific from Marine Corps Air Station Yuma, Ariz., to Joint Base Elmendorf-Richardson, Alaska, Jan. 9, 2017, with its final destination of Iwakuni, Japan.

The U.S. Navy’s Fiscal Year (FY) 2018 budget request released Tuesday increases Navy funding from $135 billion to $145 billion, but most of the new money goes into the operations and maintenance accounts.The new Navy procurement request is little changed from the last Obama administration request, with some small reductions overall.The Navy is requesting $19.9 billion to primarily procure eight new-construction ships including one Gerald R. Ford-class aircraft carrier, two DDG-51 Arleigh Burke-class AEGIS destroyers, two Virginia-class attack submarines (SSN…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Defense Watch

Defense Watch: Possible MUSV Lease, CBO and Golden Dome, X-BAT Sites

Defense Watch

Defense Watch: Munitions Shortages, IVEWS LRIP, Satellite Infrastructure

Air Force

USAF Awards Raytheon Nearly $21 Billion for AMRAAM Foreign Orders

Trending

Deep Tapped As Next CEO Of General Dynamics; Novakovic Will Be Executive Chair
Anduril To Start New Baltimore Shipyard For Sub Parts With $3.7 Billion Investment
Anduril Nabs Potential $1.8 Billion Army Deal To Support ‘Corps-Scale Fielding’ For NGC2
U.S. State Department Green Lights More Than $2.2 Billion in Weapons to UAE, Egypt, and Kuwait
Defense Watch: Possible MUSV Lease, CBO and Golden Dome, X-BAT Sites

Congress Updates

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume