Turning to activities in Washington, the President's budget request for fiscal year 2024 is under consideration by Congress, and as bills progress through both chambers, we continue to see bipartisan support for our programs. We are pleased that the Armed Services Committees have shown strong support for shipbuilding to include authorizing funding for LPD-33 and multi-year procurement authorization for the next block of Virginia-class submarines. Both authorization bills, which have been passed by the respective chambers, authorized funding for the requested procurement of two Virginia-class submarines, one Columbia-class ballistic missile submarine, and two DDG-51 Arleigh Burke destroyers. Both House and Senate appropriations committees include multi-year procurement authority for Block 6 Virginia-class submarines and fund the procurement of two Virginia-class submarines, one Columbia-class ballistic missile submarine, and two DDG-51 Arleigh Burke destroyers. The Senate Appropriations Bill provides advanced procurement funding for LPD-33 in FY24 and a third DDG-51 in FY25. And the House Appropriations Bill includes language supporting a stable rate of procurement of amphibious warfare ships. Final outcomes will depend on respective conference negotiations between the appropriations and the authorization committees.

Aug 3, 2023 / CEO / receipt, needs a key / Chris Kastner, CEO | earnings call 2023-08-03 | transcript 1756ff10-32b6-4a19-8d89-5147eb34d065 | chars 4781-6118 | segment 4

The proposed budget reflects continued investment in our shipbuilding programs, funding the second Columbia-class submarine, two Virginia-class attack submarines, and two Flight 3 Arleigh Burke-class destroyers. The budget request continues funding Ford-class nuclear aircraft carriers and aircraft carrier refueling and overhaul programs, as well as investment in the submarine industrial base.

May 4, 2023 / CEO / receipt, needs a key / Chris Kastner, CEO | earnings call 2023-05-04 | transcript c7432aca-e368-4bf1-8aba-a72219dd0e91 | chars 4644-5039 | segment 4

Turning to the budget environment, we're pleased with the passage and enactment of the fiscal year 2023 defense appropriations and defense authorization bills. Both pieces of legislation strongly support shipbuilding, including funding and authority for an additional DDG 51 Flight 3 ship for a total of three DDGs, two Virginia-class attack submarines, the Columbia-class ballistic missile submarine program, Ford-class nuclear aircraft carrier programs, and the refueling and complex overhaul of CBN-74 John C. Stennis.

Feb 9, 2023 / CEO / receipt, needs a key / Chris Kastner, CEO | earnings call 2023-02-09 | transcript f08f229f-0e52-42f1-b0fe-c0109c1d80e7 | chars 6994-7515 | segment 7