Submarine Industrial  Base Council

The Day: Obama Budget Includes Money for Virginia-Class Subs, Ohio Replacement Program

The defense portion of President Barack Obama’s budget proposal for the 2016 fiscal year includes $1.4 billion to continue the research and development of a new ballistic missile submarine, led by Electric Boat, and continued funding to build two Virginia-class attack submarines a year.

With hopes of reversing sequestration cuts, Obama is proposing a $585 billion defense budget for 2016. The budget, as a whole, is more viewed as an outline of the president’s priorities given many of his proposals are not expected to receive support from the Republican-controlled Congress.

In a statement, U.S. Rep. Joe Courtney, D-2nd District, indicated his support for “full restoration of sequester cuts to both domestic and military spending.”

Cost-saving proposals that could impact the defense budget include a request for a new round of Base Realignment and Closure, or BRAC, in fiscal year 2017.

“In my view, any threat to our base would be dead on arrival,” U.S. Sen. Richard Blumenthal, D-Conn, said, adding that he’s “closely questioned” the Joint Chiefs of Staffs and others, and “there seems to be no threat to our base” in Groton.

Read the full article here.

Back to Recent News