Navy leaders indicate little progress in plan to finance both ORP, rest of fleet

By Jason Sherman / March 4, 2016 at 5:24 PM
Navy leaders, who this summer plan to seek permission to formally launch their top-priority Ohio Replacement submarine program, do not yet have a plan for how to finance both it as well as the service's conventional fleet modernization needs -- a decision with enormous budgetary consequences. The Navy's fiscal year 2017 budget includes plans to spend more than $11 billion over the next five years for the new ballistic missile submarine program -- including paying for the first boat in...

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