Navy Readiness Demands Increased Budget Allocation
The US Navy’s top admiral, Chief of Naval Operations Adm. Daryl Caudle, has called for a significant increase in defense spending to at least 4% of the nation’s gross domestic product. This would enable the Navy to meet current readiness demands and expand its fleet of warships to contend with future threats. The Navy’s Golden Fleet initiative, which includes new battleship and frigate classes, would require a change in the way the Navy and industry do business, including improving supply chain and workforce development. According to Breaking Defense.