Navigating the Navy Through Stormy Budget Seas

Navigating the Navy Through Stormy Budget Seas Play

June 17 (Bloomberg) -- Navigating the Navy through the stormy budget seas of sequestration is a job that falls to Navy Secretary Ray Mabus. Mabus tells Cook the Navy can still project American power around the world, but sequestration has made "everything harder". Meanwhile, Mabus defends the goal of a 300 ship Navy and says the $34 billion Littoral Combat Ship program is a "well-running program" that "taxpayers should be proud of" despite criticism.

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