 The Department of the Navy released its proposed $165 billion budget, which is a part of the $583 billion defense budget President Barack Obama submitted February 9th for fiscal year 2017. The Department of the Navy this morning submitted an FY17 base in OGO budget request to Congress of $165 billion. This budget reflects the Secretary of the Navy's, the Chief of Naval Operations and the Commandant of the Marine Corps implementation of this foundational mission guidance. So overall, the Navy and Marine Corps have continued to remain deeply engaged at high tempo in harm's way, providing immediate options assuring allies and deterring adversaries. The budget buys seven new ships in fiscal year 2017 as the fleet grows to 308 ships in fiscal year 2021. The submission includes $17.3 billion for research and development in support of the Navy and Marine Corps team of the future. For more information about the fiscal year 2017 budget, visit navy.mil.