US Navy Seeks Increased Budget Amid Growing Threats and Fleet Expansion Plans
The US Navy needs to increase its budget to meet current readiness demands and expand its fleet of warships, according to Chief of Naval Operations Adm. Daryl Caudle. The Navy currently operates a fleet of about 300 ships, despite a congressional requirement to build up to 355 vessels. Caudle emphasized the need for modular shipbuilding to increase capacity and reduce lead times. This may involve partnering with foreign shipbuilders or reassessing the Jones Act.