Thursday, May 29, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

White House Requests $3.4 Billion to Speed up Nuclear Sub Production

Simon Osuji by Simon Osuji
October 25, 2023
in Military & Defense
0
White House Requests $3.4 Billion to Speed up Nuclear Sub Production
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The White House has requested more than $3.4 billion to accelerate the construction and maintenance of attack submarines to meet military requirements.

The statement said the funding will boost the US Submarine Industrial Base’s modernization efforts, upscaling its shipyards and other infrastructure.

The majority of the funding will address the Virginia-class submarine program’s production delays, with 61 percent of the emergency supplemental funding slated for faster production of the nuclear-powered submarines.

Apart from the $2.1 billion “Shipbuilding and Conversion” fund, $558 million will be alloted to “Operations and Maintenance,” improvements for the navy’s four public shipyards that maintain the country’s nuclear fleet.

The rest of the funding calls for research and development, construction and procurement, and boosts to the shipbuilding facilities’ workforce.

Related posts

What’s missing from Trump’s nuclear diplomacy

What’s missing from Trump’s nuclear diplomacy

May 29, 2025
Naval Group Rolls Out France’s Fourth Barracuda Submarine

Naval Group Rolls Out France’s Fourth Barracuda Submarine

May 28, 2025

AUKUS Commitments

The requested funding will also be used to support the country’s commitments under AUKUS, the US’ trilateral partnership with the UK and Australia, which seeks deeper integration between the countries’ security and defense units.

The commitment will support Australia in its acquisition of nuclear-powered submarines.

Similarly, Australia has also committed to investing in US industry to boost the production and delivery of Virginia-class submarines.



Source link

Previous Post

GM’s Cruise Loses Its Self-Driving License in San Francisco After a Robotaxi Dragged a Person

Next Post

Worley awarded FEED contract for Kintore Hydrogen project

Next Post
Worley awarded FEED contract for Kintore Hydrogen project

Worley awarded FEED contract for Kintore Hydrogen project

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Why Dumping Seawater on Blazes Isn’t the Answer to California’s Wildfire Problem

Why Dumping Seawater on Blazes Isn’t the Answer to California’s Wildfire Problem

4 months ago
Here’s How Much Popular Influencer Erika Kullberg Makes

Here’s How Much Popular Influencer Erika Kullberg Makes

1 year ago
Advances in machine learning for nuclear power operations spell a brighter future for carbon-free energy

Advances in machine learning for nuclear power operations spell a brighter future for carbon-free energy

2 years ago
UAE Council for Climate Action discusses national efforts to elevate climate ambition for COP29

UAE Council for Climate Action discusses national efforts to elevate climate ambition for COP29

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.