Foamex News

Mabus Sworn in as New Navy Secretary

Ray Mabus, former Mississippi governor and U.S. ambassador to the Kingdom of Saudi Arabia, was sworn in today as the 75th Secretary of the Navy. Leading the Navy and Marine Corps, Secretary Mabus will be responsible for an annual budget in excess of $150 billion and almost 900,000 people. The Secretary of the Navy is responsible for conducting all the affairs of the Department of the Navy, including recruiting, organizing, supplying, equipping, training, and mobilizing. Additionally, he oversees the construction, outfitting, and repair of naval ships, equipment and facilities, and is responsible for the formulation and implementation of policies and programs that are consistent with the national security policies and objectives established by the president and the secretary of defense.