Pentagon’s New $65.8B Shipbuilding Request is Highest Since 1962

The Pentagon’s request for new shipbuilding funds is among the highest-ever since the Korean War, rivaling the Reagan-era 600-ship spending plan and the nuclear submarine buildup in the 1960s, according to budget documents. In a $1.5 trillion Fiscal Year 2027 national security submission split between the base budget and reconciliation, the Navy wants a total of $65.8 billion for shipbuilding, as President Donald Trump pursues several new ship classes under the Golden Fleet concept. The Navy is seeking $60.2 billion for shipbuilding in the base budget and $5.6 billion in reconciliation, according to Pentagon budget documents. When adjusted for inflation,