Sign In
Search
Budget

Navy Says FY 2025 Budget Caps Imposed ‘Hard Choices’ To Lower Ship Procurement

Rich Abott By
SHARE:
Navy Says FY 2025 Budget Caps Imposed ‘Hard Choices’ To Lower Ship Procurement
Virginia-class submarine USS Hyman G. Rickover (SSN 795) is moored pierside during a commissioning ceremony at Naval Submarine Base New London in Groton, Conn, on October 14, 2023 (U.S. Navy Photo)

The Navy argued Fiscal Responsibility Act (FRA) budget caps imposed “hard choices” on the fiscal year 2025 president’s budget request (PB25) that partially caused the service to lower its ship procurement spending to six ships. “Aligned with Congressional intent, this budget delivers the most ready and lethal Naval Force feasible under the FRA budget caps. These caps, paced well below even historical inflation targets, force hard choices,” the Navy’s FY ‘25 budget request highlights book said. It said FRA caps…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Navy/USMC

Navy Expects First LSM Hull Ready By 2029

Navy/USMC

First MQ-25 Flight Test Pushed To Early 2026

Navy/USMC

Navy “Golden Fleet” Plan To Include Another Frigate, LSM To Avoid Change Orders

Navy/USMC

Second Attack Sub Delivered This Year, Future USS Idaho

Trending

GD Has Delivered First M1E3 Abrams Tank Prototype, Army Chief Says
House Passes $900.6 Billion FY ‘26 NDAA, Bill Now Heads To Senate
Lawmakers Back New Army Multi-Year Deal For Black Hawks In Final FY ’26 NDAA
Vatn Systems Raises $60 Million To Scale Undersea Vessel Development And Manufacturing
Space Development Agency Expects To Resume Tranche 1 Launches In Early 2026

Contract Updates

Southeastern Kentucky Rehabilitation Industries (Corbin, Kentucky) – $14,312,903

Southeastern Kentucky Rehabilitation Industries,** Corbin, Kentucky, has been awarded a maximum $14,312,903 modification (P00008) to a five-year contract (SPE1C1-24-D-N017) with no option periods adding various boonie covers via conversion. This is a firm-fixed-price, indefinite-quantity contract. The ordering period end date…

Teradyne Inc. (North Reading, Massachusetts) – $16,723,189

Teradyne Inc., North Reading, Massachusetts, has been awarded a maximum $16,723,189 firm-fixed-price contract for circuit card assemblies. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a one-year…

Ham Produce and Seafood Inc. (Honolulu, Hawaii) – $26,250,000

Ham Produce and Seafood Inc.,* Honolulu, Hawaii, has been awarded a maximum $26,250,000 fixed-price with economic-price-adjustment, indefinite-delivery contract for fresh fruits and vegetables. This was a competitive acquisition with three responses received. This is a five-year contract with no option…

Longbow LLC (Orlando, Florida) – $11,203,243

Longbow LLC, Orlando, Florida, was awarded an $11,203,243 modification (P00017) to contract W58RGZ-22-C-0053 for sustainment of the Apache AH-64D/E Model Fire Control Radar, including depot-level and supply support elements and program management functions. The modification brings the total cumulative face…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume