Category Archives: Budget Industry

Acting SECNAV Kicks off Navy ‘Night Court’ Cost Savings Drive with Aim to Save $40 Billion

Acting SECNAV Kicks off Navy ‘Night Court’ Cost Savings Drive with Aim to Save $40 Billion

Under Secretary of the Navy Thomas Modly speaks to Navy, Marine, and Coast Guard officers during the National Naval Officers Association (NNOA) symposium on Aug. 7, 2019. US Navy Photo

The Navy is kicking off an effort to repurpose $40 billion in spending over the next five years as it faces pressures to grow the fleet, continue to boost readiness and build a new fleet of ballistic missile submarines amid flat budgets.

Read More

Navy Confirms Global Strike Hypersonic Weapon Will First Deploy on Virginia Attack Subs

Navy Confirms Global Strike Hypersonic Weapon Will First Deploy on Virginia Attack Subs

Rendering of Block V Virginia-class submarine with Virginia Payload Module. General Dynamics Electric Boat Image

The Navy intends to deploy its conventional prompt strike hypersonic weapon on Virginia-class attack submarines, after previous discussions of putting the weapon on the larger Ohio-class guided-missile submarine (SSGN), according to budget request documents. Read More

Navy Budgeting $1.1B for 2nd Frigate as Timeline Slows

Navy Budgeting $1.1B for 2nd Frigate as Timeline Slows

This post has been updated to include an additional comment by Naval Sea Systems Command.

The Navy’s second frigate will cost $1.1 billion to build, an increase over previous estimates as the shipbuilding program is being slowed down amid budget constraints and cuts to overall ship procurement plans. Read More

Huntington Ingalls Industries Planning for Increased U.S. Navy Demand for UUVs

Huntington Ingalls Industries Planning for Increased U.S. Navy Demand for UUVs

U.S. Navy Chief Aerographer’s Mate Travis Lawson and U.S. Navy Mineman 2nd Class Mathew Williams, both assigned to the Explosive Ordnance Disposal Mobile Unit (EODMU) 5 Unmanned Systems (UMS) Platoon 141, lower an Mark 18 MOD 1 Swordfish unmanned underwater vehicle (UUV) into the water as members of the Indonesian Navy’s Komando Pasukan Katak (KOPASKA) 2nd Fleet Surabaya Unit observe during a UUV familiarization drill as part of a mine countermeasures knowledge exchange for Cooperation Afloat Readiness and Training (CARAT) Indonesia 2019. US Navy photo.

Huntington Ingalls Industries is restructuring its shipbuilding businesses to tap into the Navy’s growing demand for unmanned undersea vehicles. Read More

Navy, Marine Program Cuts Pay Biggest Share of New $4B Pentagon Border Barrier Funding

Navy, Marine Program Cuts Pay Biggest Share of New $4B Pentagon Border Barrier Funding

U.S. Northern Command border support operations at Bisbee, Arizona on Nov. 6, 2018. US Army Photo

This post has been updated with statements from shipbuilder HII, the Office of the Secretary of Defense, HASC chairman Rep. Adam Smith (D-Wash.) and HASC ranking member Rep. Mac Thornberry (R-Texas).

Pentagon leaders want to reroute $1.5 billion in money from two major shipbuilding programs and aircraft for the Navy and Marine Corps to support construction of $3.8 billion in new physical barriers along the U.S.-Mexico border, according to a copy of a Fiscal Year 2020 reprogramming request obtained by USNI News. Read More

Thornberry Uneasy With Pentagon Shipbuilding Plan, Supports Fully Funding Nuclear Triad

Thornberry Uneasy With Pentagon Shipbuilding Plan, Supports Fully Funding Nuclear Triad

Rep. Mac Thornberry (R=Texas), chairman of the House Armed Services Committee (HASC), center, speaks with Rear Adm. Michael E. Boyle, commander of U.S. Naval Forces Korea (CNFK) in 2018. US Navy Photo

The House Armed Services Committee’s top Republican has “heartburn” over the proposed shipbuilding budget for Fiscal Year 2021 but is also committed to fully funding the modernization of the nuclear triad and is acutely aware of a congressionally imposed topline for defense spending next year. Read More

West Coast Ship Maintainer Takes Over Huntington Ingalls San Diego Shipyard

West Coast Ship Maintainer Takes Over Huntington Ingalls San Diego Shipyard

USS Essex (LHD-2) transits San Diego harbor on its way to participate in the Navy’s first full-length Amphibious Readiness Group (ARG) Surface Warfare Advanced Tactical Training (SWATT) exercise on March 5, 2018. US Navy Photo

Titan Acquisition Holdings is taking over the Huntington Ingalls Industries-owned San Diego Shipyard, company officials announced Wednesday. Read More