Document: Department of the Navy FY 2020 Budget Summary

March 12, 2019 4:36 PM - Updated: March 12, 2019 9:42 PM

The following are the publically available Department of the Navy Fiscal Year 2020 budget documents released on March 12, 2019.

From the Highlight Report

The Fiscal Year 2020 (FY20) budget submission of $205.6B is an increase of $9.5B (4.6%) from the FY19 enacted budget (base+OCO). The increased funding is beginning to reverse the erosion of our military advantage and we are on a better trajectory to restore that competitive advantage. This budget is strategy-driven and balanced to maximize our naval power. The budget fields a formidable force in all domains of naval operations. The central theme in our National Defense Strategy (NDS) and other strategic guidance is the return of Great Power Competition and our FY20 budget request reflects the implementation of this guidance to ensure that the Department will compete, deter and win against great powers, and it will ensure our forces are ready to conduct prompt, sustained combat operations to protect America from attack and to preserve strategic influence in key regions of the world.

This budget aligns and resources the people, capabilities, and processes required to implement this NDS. It builds on prior-year investments to deliver increased readiness and lethality both today and in the future, and this budget is synchronized for the joint fight across all domains.

In terms of capacity, this budget provides for a larger overall force: we deliver more people and platforms, as well as enablers that make the force whole. We deliver a better and more innovative force through investments that improve our legacy platforms and provide for a more robust and lethal mix of next-generation opportunities. The budget also increases the availability and readiness of our force.

Download report here.

Briefing Slides

Download slides here.

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