US lawmakers allocate an additional $1.1 billion for shipbuilding in FY2025
Products & Services
Military Unmanned Systems Handbook
Shephard Media
The Military Unmanned Systems Handbook (Digital Download) is an international guide to the military UV industry and provides detailed information on air, ground and sea (surface & sub-sea) vehicles as well as subsystems. What's included: Unencrypted 390+ page PDF of equipment and supplier information Market summary
Shephard Plus Update
Shephard Media
Shephard Plus is updating in June 2018 with rich new capabilities, and is now one of the most cost-effective and valuable aerospace and defence market intell...
Defence Insight
Shephard Media
Some of the things people like you use Defence Insight for:
- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
Description
The US Congress approved an extra US$1.1 billion for the US Navy (USN) to fund shipbuilding efforts in FY2025. The additional resources were included in the National Defence Appropriations Act (NDAA) approved on 18 December on the Senate floor.
It includes an additional $700 million for enabling the branch to enter an incrementally funded contract for the construction of a third Arleigh Burke-class (DDG 51) vessel in FY2025 and nearly $42 million for advance procurement of this class of destroyer in FY2026.
An additional $357 million was allocated for the purchase of a second ship set of materials for the Virginia-class
It includes an additional $700 million for enabling the branch to enter an incrementally funded contract for the construction of a third Arleigh Burke-class (DDG 51) vessel in FY2025 and nearly $42 million for advance procurement of this class of destroyer in FY2026.
An additional $357 million was allocated for the purchase of a second ship set of materials for the Virginia-class
