Future of Navy Plan Uncertain

Wednesday, December 07, 2005
A new proposal to revive Navy shipbuilding and add more than 30 vessels to today’s fleet of about 280 depends on the service’s ability to control construction costs and keep other expenses – including the war on terror – from eating into shipbuilding budgets, according to a Virginian-Pilot report. Though Navy leaders remained publicly silent on their proposal, the service apparently began briefing key lawmakers on a long-range shipbuilding program conceived by Adm. Michael G. Mullen, who took over in July as chief of naval operations. According to the report, Mullen envisions a fleet of 313 ships by 2020. To get it, he wants the service to spend an average of $13.4 billion annually on ship construction beginning in 2007. The service invested $10.4 billion on new ships during the fiscal year that ended Sept. 30 but asked for just $8.7 billion in 2006. Two months into the new fiscal year, the 2006 overall defense spending plan remains stalled in Congress. Also contributing to uncertainty about the proposal are steady increases in military pay and benefits, particularly health care costs for service members and retirees. And while senior defense officials apparently have been briefed on the Navy proposal, the Pentagon is two months away from completing a Congressionally ordered “Quadrennial Review” that will include its suggestions for force levels in all the military branches. Source: The Virginian-Pilot
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Hornbeck Offshore Ride High on Q2 2014 Results

Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014.  Following are highlights for this period and excerpts

BAE Systems Awarded Two Navy Contract Modifications

The US Department of Defense informs it has awarded separate contracts to BAE Systems in Jacksonville and in Norfolk for ship repairs and modifications as follows: 1.

DW to Present at Upcoming Floating LNG 2014, Houston

Douglas-Westwood (DW) says that its manager in Houston, Andrew B. Meyers will be joining the speakers on the platform at the upcoming 27th-30th October 2014 'Floating

Navy

BAE Systems Awarded Two Navy Contract Modifications

The US Department of Defense informs it has awarded separate contracts to BAE Systems in Jacksonville and in Norfolk for ship repairs and modifications as follows: 1.

USCG Cutter Waesche Home from RIMPAC Exercises

The Coast Guard Cutter Waesche has returned to port at Coast Guard Base Honolulu, after spending three weeks at sea participating in Rim of the Pacific (RIMPAC) 2014 exercises,

Today in U.S. Naval History: July 30

Today in U.S. Naval History - July 30 1918 - Units of First Marine Aviation Force arrive at Brest, France 1941 - Japanese aircraft bomb USS Tutuila (PR-4) at Chungking,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0962 sec (10 req/sec)