The following is the Fiscal Year 2023 Department of the Navy budget highlights book. Read More
The following are the Fiscal Year 2023 budget materials from the Department of the Navy and an unclassified summary of the 2022 National Defense Strategy released tandem March 28, 2022, with the FY 2023 Presidential Budget. The Navy is expected to release more detailed budget material that have been delayed from the initial release. Read More
This story has been updated to clarify that the Navy could award the Constellation-class frigate contract under a one-year continuing resolution.
The Navy is facing a $500 million shortfall for its Columbia-class ballistic missile submarine program if the government is forced to operate under a year-long continuing resolution, a service official told reporters on Tuesday. Read More
A year-long continuing resolution would force the Navy to miss deadlines on delivering the first Columbia class ballistic missile submarine, the service’s top officer told House appropriators Wednesday. Read More
The Navy’s ability to defend the nation’s vital security interests is “marginal,” – with the caveat that its score is trending to “weak” in capability and readiness – while the Marine Corps’ ability is graded as “strong,” according to a think tank’s latest survey of United States military power. Read More
The Navy and the Pentagon are crunching numbers on two separate sets of studies that will map out the size of the service’s future fleet as defense budgets are set to stay static for the foreseeable future, officials familiar with the studies told USNI News. Read More
The Navy needs to resist “requirements creep” in changing designs to complete its number one strategic priority, the Columbia class ballistic missile submarine program (SSBN-826), Navy Secretary Carlos Del Toro said on Monday at a virtual conference hosted by the Southeastern New England Defense Industrial Alliance. Read More
The Pentagon submitted an abbreviated long-range shipbuilding report to Congress that does not show construction past the Fiscal Year 2022 budget request, according to the document reviewed by USNI News on Thursday. Read More
This story has been updated to include a statement from the Navy.
The Navy’s cost estimate for the lead ship in its new ballistic-missile submarine program grew by $637 million over the last year, according to the service’s Fiscal Year 2022 budget submission. Read More
A second destroyer and funding for the Navy’s emerging tactical grid are on top of the Navy’s unfunded wish list to Congress, according to a copy of the report reviewed by USNI News on Tuesday. Read More