
Acting Secretary of the Navy Thomas Modly this week directed a new review akin to the Army’s ‘Night Court’ process to save $40 billion from FY 2022-2026 so the Navy can better reach its goal of 355 ships while improving readiness and starting to build new ballistic missile submarines. In a memo dated Feb. 18 Modly is directing a Stem-to-Stern (S2S) capability-based strategic review with an objective, on average, of saving $8 billion per year to reach $40 billion total…