Faced with a shrinking fleet and rising shipbuilding costs, the US Navy is preparing to release a plan to reverse those trends. The document outlines how the navy intends to grow its fleet of ships from about 280 today to 313 by 2020. The service has struggled in recent years to rein in spiralling costs and the declining numbers of ships being built, but with the Department of Defense (DoD) Quadrennial Defense Review and Fiscal Year 2007 budget deliberations in their final throes, navy shipbuilding appears poised to stave off cuts that were under serious consideration until recently.
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