Navy plan reveals $11.7B for new ballistic missile sub, including $9.2B for procurement

By Jason Sherman / February 9, 2016 at 6:08 PM
The Navy has earmarked $11.7 billion in its new five-year spending plan for a next-generation ballistic missile submarine, a sum that includes $2.4 billion for continued development and $9.2 billion to finance four years of advanced procurement and buy the lead boat in fiscal year 2021. The Navy's FY-17 budget request includes the initial procurement funding for the Ohio Replacement Program, providing lawmakers and the public a first view at the estimated costs for the lead boat for the new...

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