A proposed multibillion-dollar spending plan for the submarine industrial base within the Navy’s fiscal year 2025 budget request, combined with a pending supplemental spending package, are expected to improve Virginia-class submarine production to a rate of two vessels per year by FY-28, according to senior Navy officials. “The Navy expects to achieve Virginia-class submarine construction performance of two per year by FY-28,” Rear Adm. Ben Reynolds, deputy assistant secretary of the Navy for budget and director of the service’s fiscal...
