160209-N-RT381-111 WASHINGTON (Feb. 9, 2016) The Department of the Navy released its proposed $165 billion (Base and Overseas Contingency Operations) budget Feb. 9 for fiscal year 2017. This budget is part of the $583 billion defense budget President Barack Obama submitted to Congress on the same day. The budget submission was guided by national level mission guidance that defines the missions the Navy and Marine Corps will execute as well as the dynamic operational environment. It makes key investments in people, platforms, and research and development, so the Department of the Navy can execu


160209-N-RT381-111 WASHINGTON (Feb. 9, 2016) The Department of the Navy released its proposed $165 billion (Base and Overseas Contingency Operations) budget Feb. 9 for fiscal year 2017. This budget is part of the $583 billion defense budget President Barack Obama submitted to Congress on the same day. The budget submission was guided by national level mission guidance that defines the missions the Navy and Marine Corps will execute as well as the dynamic operational environment. It makes key investments in people, platforms, and research and development, so the Department of the Navy can execute the Defense Strategy. ( Navy photo/Released)


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