SECNAV Modly: Navy Needs Additional $120 Billion To Build 355-Ship Fleet By 2030

The Honorable Thomas Modly, acting Secretary of the Navy, talks with Capt. John J. Cummings, USS Gerald R. Ford'(CVN 78) commanding officer, in the ship’s pilot house. US Navy photo.

The Navy could build a 355-ship fleet by 2030, but paying for such a force will require adding between $120 billion and $130 billion to the service’s funding over the next decade, Acting Secretary of the Navy Thomas Modly told lawmakers Thursday.

Assuming the Navy and Department of Defense receive flat topline...

https://news.usni.org/2020/02/27/secnav-modly-navy-needs-additional-120-billion-to-build-355-ship-fleet-by-2030

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