Navy Budget Adds Five Ships to Plan

According to a Feb. 14 report from Bloomberg, the U.S. Navy has added five ships to its six-year shipbuilding plan, proposing to spend $74.7 billion for 55 ships through fiscal 2016, according to the fiscal 2012 budget. The plan, aimed at sustaining a 313-ship fleet, would add a DDG-51 destroyer, built by Northrop Grumman Corp., in fiscal 2014.

 

(Source: Bloomberg)