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Navy 2022 Budget Divests Capability To Prioritize Readiness And Reinvestment

Wednesday, June 2nd, 2021

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Navy 2022 Budget Divests Capability To Prioritize Readiness And Reinvestment

President's Budget Request for Fiscal Year 2022 Department of the Navy press briefing Slide 6. (Image: U.S. Navy)

The Navy’s flat fiscal year 2022 budget request prioritizes readiness and future investment over current capabilities, according to a Navy official. When accounting for inflation, the Navy’s fiscal year 2022 budget request, at $212 billion, stands flat compared to the current year, mirroring how the total FY ‘22 Defense Department budget request is also flat versus the current year at about $715 billion. Last Friday, a Navy official explained some decisions were made both to funnel more funds into readiness…

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