DefenseNews

Navy wish list seeks Red Sea missiles, backs submarine-industrial base

The U.S. Navy sent lawmakers a $2.2 billion wish list for fiscal 2025, which includes several items that would fill in gaps that arose this year due to high-tempo operations in the Red Sea and Congress not yet passing a supplemental spending bill. This unfunded priorities list, which supplements the Navy’s $257.6 billion FY25 budget request, asks for 13 items, ranging from repairs to…
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DefenseNews

Boeing CEO to depart as part of broader leadership shakeup

The top executive at embattled plane-maker Boeing will step down this year amid a broader shakeup of the company’s top leadership, capping a tumultuous five plus years that has shaken faith in one of America’s most storied manufacturers. Boeing is the fifth-largest…
DefenseNews

Outsourcing Navy shipbuilding weakens the United States

The Pentagon’s first-ever industrial base strategy is rightly looking to address critical areas of America’s supply chain resilience, workforce readiness, flexible acquisition and economic deterrence.But rather than looking to invest in American shipbuilding and repair…
DefenseNews

Defense Innovation Unit would get major funding boost in spending bill

As the Defense Innovation Unit takes on a more central role in the Pentagon’s innovation ecosystem, Congress is proposing a nearly $800 million boost to the organization’s funding in fiscal 2024. House and Senate appropriators released a compromise version of the fiscal 2024 defense spending bill March 21 that would grow DIU’s funding to $983 million — up from the $191 million enacted the…
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DefenseNews

Navy 30-year shipbuilding plan relies on more money, industry capacity

The U.S. Navy sets a fleet goal of 381 ships, up from 373, in a new long-range shipbuilding plan. The service expects to reach this goal by 2042 if it can grow both its shipbuilding budget and the industrial base’s capacity, it says in the document. The Navy had previously called for a fleet of 373 ships in last year’s plan, and 355 before that based on a 2016 study. The latest report calls…
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DefenseNews

Project Overmatch budget details too sensitive to share, Navy says

The U.S. Navy’s fiscal 2025 budget request for Project Overmatch, its effort to digitally link people, ships and sensors over vast distances, is too sensitive to make public, according to the service. Asked for potential spending details, a Naval Information Warfare Systems Command spokesperson said the budget is considered controlled unclassified information, or CUI, “and as such, we are…
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