White House Wants an Extra $2B for FY24 Virginia-class Subs, Attack Boat Pair Could Cost $11.3B
The White House is asking Congress for $1.95 billion to make up for a price gap for two submarines already funded as part of the congressional Fiscal Year 2024 budget, USNI News has learned.
The request was included in a list of anomalies the White House asked Congress to support in the event the government is funded by a continuing resolution past the end of the fiscal year on Sept. 30.
“Language is needed to appropriate $1.95 billion to the Shipbuilding and Conversion, Navy account of the Department of Defense (DOD) for expenses necessary for procurement of two Virginia-class submarines. Without the anomaly, DOD would have insufficient funding to sign contracts for the submarines during the period of the CR,” reads the notification, first reported by Politico.
The Fiscal Year 2024 defense funding bill set aside $7.13 billion for the two Block V Virginia-class boats. Including FY 2023 advanced procurement funds, the total appropriated by Congress for the two attack submarines – SSN-812 and SSN 813 – is $9.4 billion, according to the program summary. The additional add from the White House, if approved by Congress, would bring the total for the two boats to $11.35 billion. One of the two boats is a specialized special operations forces and seabed warfare and was projected to cost much more than a standard Block V Virginia boat, USNI News previously reported.
