
Acting Secretary of the Navy Thomas B. Modly, center, receives a briefing on the aircraft carrier USS Gerald R. Ford (CVN-78) electromagnetic aircraft launch system (EMALS) on Jan. 31, 2020. US Navy Photo
The Navy could build a 355-ship fleet by 2030, but paying for such a force will require adding between $120 billion and $130 billion to the service’s funding over the next decade, Acting Secretary of the Navy Thomas Modly told lawmakers Thursday.