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Investing in Industrial Base, Growing the Fleet Are Top Priorities

PASCAGOULA, Miss. (Mar. 4, 2024) – Capt. Matthew Hall, commanding officer of the destroyer USS Zumwalt (DDG 100), briefs Sen. Roger Wicker, ranking member of the Senate Armed Services Committee, Chief of Naval Operations Adm. Lisa Franchetti, and Assistant Commandant of the Marine Corps Gen. Christopher Mahoney during a tour of the ship at Ingalls Shipbuilding in Pascagoula, Miss., Mar. 4. Franchetti and Mahoney were able to interact with U.S. Navy Sailors and civilians, industry leadership, and members of Congress during the Gulf Coast visit. (U.S. Navy photo by Chief Mass Communication Specialist Michael B. Zingaro)

APRIL 9, 2024 – Chief of Naval Operations Adm. Lisa Franchetti today said that investing in the defense industrial base to increase the size of the Navy’s fleet in coming years is a top priority for the Department of the Navy.

The CNO made her remarks during a panel discussion that kicked off this year’s Sea-Air-Space maritime exposition just outside of Washington.

“We know we need a larger Navy,” said Franchetti. “Every study since 2016 has shown that; and I think the most effective way to work on that right now is to invest in our industrial base, invest in the workforce [and] invest alongside our industry partners… to speed up the production and throughput of the ships and submarines that we need.”

The Navy currently has 88 ships under contract, with 66 of them currently under construction, Franchetti said.

“When I look at our ability to be a standing force, a crisis response force [and] a force that is ready to go today … [that all] relies heavily, crucially and critically on the U.S. Navy,” Assistant Commandant of the Marine Corps Gen. Christopher J. Mahoney, who was also on the panel with Franchetti, said of how Navy amphibious ships directly contribute to the Marine Corps being able to execute its mission.

Concurring with Franchetti’s assessment of the need to strengthen the industrial base, Mahoney said that he believes bundling future purchases of amphibious ships would not only save the taxpayer money but would also attract more workers to the shipbuilding industry thanks to multi-year job security.

“And not just pipe fitters and welders,” Mahoney said, “but managers, engineers and architects that otherwise might not see a future that far out.”

During the panel, Franchetti and Mahoney offered their perspectives on the Navy’s shipbuilding industry, as a result of both leaders having recently toured various shipyards along the Gulf Coast.

“All of the industry partners are facing some of the same challenges in the workforce [that the military is], said Franchetti. “So, we’re working alongside industry to generate some of these pipelines where people can be recruited, they can come in and get training, and they come out with a certification and then immediately go and be employed,” she further explained.

When asked about how much responsibility to build up the industrial base both DOD and industry should share, Franchetti and Mahoney each agreed that such responsibility should be closely and mutually shared.

“It has to be a partnership with [DOD] and industry,” said Franchetti. “It’s a commitment on the part of both to be able to move forward.”

According to the Congressional Budget Office, there were 290 battle force ships in the Navy’s fleet at the start of fiscal year 2024. The sea service hopes to upscale that number to the mid-to-high 300s by 2053.

Additional naval priorities the CNO listed during the panel included near-term readiness of the force and investment in the upcoming Columbia class of nuclear-powered ballistic missile submarines.

By Matthew Olay , DOD News

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Filed Under: Navy, News

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The Engineering Behind MRE Freshness

DECEMBER 23, 2025 – Hungry individuals don’t put much thought into the packaging of their food. When people grab a snack, they generally rip into it and toss it aside to get to the good stuff. But at the Army Combat Capabilities Development Command Soldier Center’s Combat Feeding Division in Natick, Massachusetts, about a half-dozen […]

Air National Guard Unveils New Bonus Program

MARCH 11, 2023 – On March 1st, the Air National Guard (ANG) launched a new bonus program to attract and retain personnel in critical specialties. The initiative offers significant financial rewards, with bonuses of up to $90,000 for eligible members, depending on their Air Force Specialty Codes (AFSCs). This strategic move aims to strengthen the […]

Military Students’ Tips to Balance Service and Studies

OCTOBER 10, 2025 – Studying in college while serving in the military can be highly rewarding but also extremely demanding in some respects. Military members, veterans, and their families typically balance demanding duty schedules, deployments, family responsibilities, and school schedules. It requires careful planning, flexibility, and being willing to seek and take advantage of available […]

Translating Military Experience to Civilian Employment

DECEMBER 23, 2025 – Transitioning out of uniform and adapting to civilian life can be hard. Some of the reintegration challenges include changes to career and lifestyle, loss of military identity, and need to develop new networks. Whether you are finishing one enlistment or retiring after 20 or more years, it is common to feel […]

How Military Families Can Avoid Financial Panic During a Shutdown

OCTOBER 23, 2025 – Government shutdowns create unique challenges for military families who live on tight budgets, frequently relocate, and manage the constant demands of military service. While the uncertainty can feel overwhelming, following these five strategies can help you navigate the crisis with confidence. Keep Perspective.  This financial disruption will end, just as the […]

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