Navy requests funding for submarine, combat ships

04/8/2013 | Bloomberg

The U.S. Navy is asking for $1.8 billion in the 2014 fiscal year to procure four Littoral Combat Ships and $5.41 billion for a Virginia-class submarine. Lt. Courtney Hillson, a Navy spokeswoman, said the Navy is "committed to working more efficiently and cost-effectively in this resource-constrained environment."

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