Pacific arms race: extra money for US shipbuilding

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U.S. Defense Secretary Mark Esper has announced called for increased funding for Navy shipbuilding after a major review of its force structure — but it is unclear where that funding will come from, Defense News reports.

In a speech delivered at the think tank Rand, Esper called for a Navy of “over 350 ships,” specifically by increasing the Navy’s shipbuilding funding account.

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