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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…

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