USS Santa Fe (SSN 763) joins Royal Australian Navy Collins Class Submarines HMAS Collins, HMAS Farncomb, HMAS Dechaineux and HMAS Sheean in formation in the West Australian Exercise Area. (Courtesy photo by LSIS Richard Cordell) The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement.
By: FEDweek StaffThe Navy’s plan to expand the fleet to 390 ships by 2054 would cost an average of $40 billion per year, according to a new report by the Congressional Budget Office (CBO). The figure is 46 percent higher than the appropriated amount for the past five years, and about 17 percent more than estimates provided by the Navy.
The Navy currently has 295 battle force ships. Under the plan, the size of the fleet would actually decrease to 283 vessels in 2027 before the expansion would begin.
Firepower would be reduced during the next 10 years as well, before the increase would take effect. The initiative also would require the nation’s shipyards to greatly increase its production rates during the next 30 years.
The Navy would purchase a total of 364 new combat ships and combat logistics and support ships – amounting to more current generation and smaller ships than under alternative plans floated in 2024, according to CBO.
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