Daily News

Senate panel approves nearly $8B increase of FY-18 funding for the Navy

July 17, 2017 |
Lee Hudson
Bookmark and Share
The Senate Armed Services Committee approved nearly an additional $8 billion increase for Navy and Marine Corps unfunded requirements in the panel's mark of the fiscal year 2018 defense policy bill. The bulk of the increase -- $6 billion -- resides in the service's procurement account to pay for 10 F/A-18 Super Hornets, six F-35s, four F-35Bs and six P-8A Poseidons. The Senate panel approved an additional $132 million in research and development funding for V-22 Osprey modifications and weapons...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting as the Trump administration puts its stamp on defense policy, planning and procurement.

Log in to access this content.