President Trump Wants a 355-Ship Navy -- and $306 Billion to Build It

The U.S. Navy has released a 30-year shipbuilding plan to expand the fleet from 291 ships to 355 by 2040 and nearly 400 by 2056, with $306 billion in spending planned over the next five years. The plan aims to distribute shipbuilding across multiple facilities nationwide and leverage AI tools to improve efficiency. General Dynamics and Huntington Ingalls are positioned as the primary beneficiaries of this massive defense spending initiative.