Sign In
Search
Budget

Navy Needs Big Budget Boost To Achieve 355 Ships, CBO Says

Marc Selinger By
SHARE:
Navy Needs Big Budget Boost To Achieve 355 Ships, CBO Says
USS George Washington (CVN 73) Carrier Strike Group and Japan Maritime Self-Defense Force (JMSDF) ships steam in formation for a photo exercise during the final day of Exercise Keen Sword 2011. Photo courtesy U.S. Navy

The U.S. Navy, which wants to expand its fleet to 355 ships, would have to spend an average of $26.6 billion a year over the next 30 years to reach its goal, a sharp increase from recent funding levels, the Congressional Budget Office (CBO) said April 24.The dollar amount is 40 percent more than what Congress appropriated for ship construction in fiscal year 2016 and 60 percent more than what the Navy has averaged over the past 30 years, the…

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: PAC-3 Plant, Quantum Tech Investment, Military Labs Review, ULTV Order

Defense Watch

Defense Watch: E-7 Challenges, T-AGS(X) RFI, Ukraine Biz News, Saronic Testing,

Business/Financial

Pentagon Office Of Strategic Capital Expanding, Focusing On Loans Between $1 Billion And $5 Billion

Trending

Space Force Command Operationally Accepts Satellite Jammer
Duffey: F-47 “At the Cutting Edge of Technology” and Government, Industry Collaboration
Honeywell Aerospace Begins Trading On Nasdaq
PACAF Evaluating Boeing MQ-28 Ghost Bat In Valiant Shield
Trump Directive Wants Review Of Programs That Could Be Replaced By Drones

Congress Updates

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]

Congress

Bipartisan Group Of House Members Introduce U.S.-Ukrainian Co-Production Bill For Unmanned Systems

A bipartisan group of six House legislators have introduced the Strategic Unmanned Systems Partnership Act–a bill to improve drone collaboration between the U.S. and Ukraine. Rep. Michael McCaul (R-Texas), the […]

Space

Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?

Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

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