Under Secretary of the Navy Thomas Modly speaks to Navy, Marine, and Coast Guard officers during the National Naval Officers Association (NNOA) symposium on Aug. 7, 2019. US Navy Photo
The Navy is kicking off an effort to repurpose $40 billion in spending over the next five years as it faces pressures to grow the fleet, continue to boost readiness and build a new fleet of ballistic missile submarines amid flat budgets.
Acting Secretary of the Navy Thomas Modly wrote that, “as we prepare to go to...