Navy FY-24 topline increasing while shipbuilding plans remain flat

By Nick Wilson / March 13, 2023 at 12:54 PM
The Navy plans to procure nine ships and decommission eight in its fiscal year 2024 budget request, investing in submarines, destroyers and frigates but likely teeing up a fight in Congress over amphibious warship requirements and a fleet size projected to remain flat over the next five years. The Navy’s total budget request is $255.8 billion, an increase of roughly $11 billion or 4.5% over the enacted FY-23 budget. It includes nearly $77 billion in procurement and $27 billion in...

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