Despite an increasing topline, the Navy will procure nine ships in its fiscal year 2023 budget request, one more than last year, while decommissioning 24 ships. The Navy’s budget request totals $230.8 billion, a $9.1 billion increase over the enacted FY-22 budget. The Navy’s procurement funding increased by 5.4% to $53.8 billion. Navy research and development increased by 9.2% to $21 billion in FY-22. The Navy’s budget calls for the construction of nine new ships: two Virginia-class submarines, two DDG-51...
