
Rear Adm. Joseph Mulloy discusses the Navy portion of the Department of Defense fiscal year 2011 budget. US Navy Photo
The Navy and the U.S. Marine Corps are continuing funding future capability with a budget that places emphasis on introduction of new weapon systems like the Littoral Combat Ship and the F-35 Lighting II Joint Strike Fighter as part of the Fiscal Year 2014 budget submission from the Department of the Navy.
The $155.8 billion request is split between $45.4 billion for military personnel, $43.5 billion for procurement for ships, aircraft, weapons and Marine Corps spending, $16 billion for research and development and $2.3 billion for infrastructure. Read More →