Guided-missile destroyer Jerimiah Denton (DDG-129) under construction at Ingalls Shipbuilding on Aug. 30, 2024. USNI News Photo
The 2025 plan to recapitalize the Navy’s fleet will cost about $40.1 billion annually — about double what the service has received from Congress for shipbuilding over the last five years, according to the Congressional Budget Office’s annual analysis, US Naval Institute News reports.
