Navy: Ohio-class replacement money to be deposited in deterrence fund

By Justin Doubleday / May 2, 2016 at 11:47 AM
The Navy is planning to deposit shipbuilding funds appropriated for the Ohio-class replacement program in fiscal year 2017 into the National Sea-based Deterrence Fund, according to the service. Depositing funds for the ballistic missile submarine construction into the NSBDF is consistent with the past two National Defense Authorization Acts (NDAAs), Navy spokeswoman Lt. j.g. Kara Yingling told Inside the Navy April 26. "The Department of the Navy intends to deposit all Shipbuilding and Conversion, Navy (SCN) funds appropriated for...

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