Search

FY 2018 Navy Budget Request Holds Steady On Procurement

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.



Congress Updates

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]


Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]


Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]


‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]