Navy wants $773 million in FY-17 to start procuring first Ohio-replacement submarine

By Justin Doubleday / February 9, 2016 at 12:12 PM
The Navy is allocating $773 million in advanced procurement funds for the lead ship in the Ohio replacement program in fiscal year 2017, the first year the service has set aside shipbuilding money for the 12-boat strategic deterrent program, according to budget documents released by the Pentagon. The advanced procurement funds are included in the Navy's shipbuilding and conversion account. Congressional authorizers in 2014 set up a special account, called the National Sea-based Deterrence Fund, to pay for the massive...

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