Cuts to the Navy's fiscal year 2013 budget driven by sequestration have created a $252 million "bow wave" of unfunded requirements the service will have to tackle in the next fiscal year. The Navy had to enact a 7.8 percent cut to all of its budget accounts -- except military personnel -- to meet its FY-13 sequestration requirement, service spokeswoman Lt. Caroline Hutcheson told Inside the Navy . The impact on the Navy's FY-13 budget amounted to $10.7 billion --...
