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    Monday, February 13, 2012

    Obama Budget Continues Sub Building

    It would seem that we're going to continue building submarines at something close to the 2/year pace under the latest Obama admin defense budget.

    From Navy Times,

    "At least $12.8 billion in shipbuilding funds will be part of the Obama administration's fiscal 2013 defense budget, according to a Pentagon document prepared for Monday's news briefings and obtained by Defense News."

    "The Navy is asking for $4.26 billion for submarine construction, of which $3.2 billion is for two ships under an existing multi-year procurement contract. Another $900 million is requested for advance procurement for one 2014 submarine and two in 2015. Another $165 million is requested for R&D. Submarine construction is split evenly between Newport News and the General Dynamics Electric Boat shipyard in Groton, Conn."

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