5-year shipbuilding budget plan

The Trump Administration’s long-term shipbuilding plan projects spending $167B over five years to boost the Navy’s fleet toward 500 ships by 2045. The shipbuilding budget would increase to $27B in FY 2022 (+33% over FY-21); $28.5B in FY-23; and reaching forward to $38.5B in FY-26, according to an administration official who asked not to be named. The projections are part of the 30-year shipbuilding plan required by Congress. Congress has already finished writing FY-22’s defense authorization and spending measures. The outgoing administration’s blueprint can serve as a map that can be used by pro-shipbuilding lawmakers as benchmarks against which to assess President-elect Joe Biden’s eventual budget submission. The plan projects spending $4.3B for 21 robotic ships from FY-22/26; and 403 battle force ships and 143 unmanned vessels by 2045. By 2045, the Navy would have 11 aircraft carriers, nine amphibious landing ships, 57 amphibious warfare ships, 74 large surface combat ships, 66 small combatant ships, 72 attack submarines, and 12 ballistic missile submarines, according to the draft.(Source: Bloomberg Government 12/09/20) h0ttps://about.bgov.com/news/trumps-5-year-budget-plan-for-navy-would-add-82-new-vessels/