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Wednesday, April 3, 2013

Chief Of Naval Operations Explains Budget Cuts

Chief of Naval Operations (CNO) Adm. Jonathan Greenert gives a video message to the fleet about the passage of another Continuing Resolution and what that means for the fleet.
"...What was projected to be a $9 billion shortfall in the Navy's operations accounts will be halved according to Greenert. He explained in the video that the Bill will take care of four and a half billion dollar shortfall in operations and that the Navy will have to adjust. He also stated, that sequestration, the reduction of spending in all accounts, remains in place..."
Posted by Unknown at 3:18 PM
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