Leaner US Navy Predicted by Admiral

Press Release
Wednesday, October 24, 2012
Adm. Mark E. Ferguson, Vice Chief of Naval Operations: Photo credit USN

Adm. Mark Ferguson, Vice Chief of Naval Operations, offered a revealing look at the future of the Navy if budget cuts are approved.

The admiral gave the keynote address at the recent opening of the ONR (Office of Naval Research) Naval S&T (science and technology) Partnership Conference and ASNE Expo.

Speaking to a capacity crowd as keynote speaker, Ferguson said the Navy is already working hard to do more across the globe-with less resources. "The implications of trying to absorb a 9.4 percent cut on top of the significant reductions we've already done in fiscal year 2013 budgets, will have a very significant impact on the workforce, on the research and development (R&D) accounts-on everything," said Ferguson.

Without some sort of adjustment by Congress, currently the subject of discussion on Capitol Hill, the nearly 10 percent across-the-board Department of Defense budget cuts are slated to commence in 2013 and continue for 10 years.



The admiral stated he is personally hopeful lawmakers will moderate the cuts before they kick in, but noted that if no adjustments are made, the long-term as well as immediate effect on the Navy will be heavy. 

"If you project out 10 years-remember the budget control act talks about 10 years of reductions- now you start talking about a fleet reduced to about 230-235 ships," he said. "Now you start talking about reduction of manpower commensurate with that. Now you start talking about the reduction of money going to warfare centers, to R&D efforts."


Maritime Reporter September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NYK Opens New Planning Center in Kumamoto

On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

TNO Receives 'International Media Award for Prevention'

The Engagementgame developed by TNO in collaboration with partners is the winner of the 'International Media Award for Prevention' in the category Multi Media.

More German Shipowners Look to Gibdock for Repairs

Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent

Navy

RIMPAC Exercise Puts LCS Through Paces

It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that,

DoD Award Dredging, Ship Maintenance, Charter Contracts

US Department of Defense informs of placement of contracts for Chesapeake Bay dredging, dry-docking of USS Pearl Harbor, and charter of surface escort vessels. Details as follows: 1.

General Dynamics Delivers North Dakota (SSN-784) to U.S. Navy

General Dynamics Electric Boat yestereday delivered the nuclear-powered attack submarine North Dakota (SSN-784) on time and more than $30 million below target cost.

Finance

NZ's Lyttelton Port Recommends Offer, to Pay Special Dividend

The board of New Zealand's  Lyttelton Port Co. Ltd recommended minority shareholders accept an offer of NZ$3.95 a share offer from the commercial arm of the Christchurch city council.

A Boost for UK Offshore Drilling? DW Monday Muses

Drilling activity offshore UK is now expected to increase over the next few years as government and industry reacts to the recommendations in Sir Ian Wood’s report

MHI, IHI & DBJ Join Forces On Investments

Mitsubishi Heavy Industries, Ltd. (MHI), IHI Corporation and the Development Bank of Japan Inc. (DBJ) concluded a three-way formal agreement today on their respective

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Ship Electronics Ship Repair 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: 0.1434 sec (7 req/sec)