Instead of pursuing a three-aircraft carrier fleet, which would have kept two ships operational at all times, the Navy is ...

Instead of having three aircraft carriers in service, the new vessel will replace the aging INS Vikramaditya. India is expected to use the cost savings to aid in developing its submarine program.

Congressional Budget Office report indicates more than $1 trillion will be needed to meet Navy's 30-year fleet goals.

The Marine Corps is also planning to shift its F-35 Joint Strike Fighter procurements to buy more carrier-based F-35Cs and ...