HII CEO predicts SSBN(X) funding will become an annual discussion

By Lee Hudson / June 14, 2016 at 9:00 AM
Huntington Ingalls industries chief executive officer predicts funding the Ohio-class replacement ballistic missile submarine program will be an annual discussion unless a mechanism is created similar to the Pentagon's wartime funding account. Mike Petters said June 8 during a Deutsche Bank conference he is pleased with the way the fiscal year 2017 budget for ORP "came to the Hill" this year. However, if the Navy continues to fund ORP "out of hide" it could be detrimental to other shipbuilding programs...

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