The Navy will likely need five more years of funding above its base budget to send ships through dry dock to overcome years of deferred maintenance, and the Marine Corps’ needs two or three years of additional funding to reset its equipment, senior sea service officers told the House Armed Services Readiness Subcommittee on Thursday. Read More
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