Navy Fiscal Year 2024. In unveiling its fiscal year 2024 budget proposal, the navy announced plans to retire eight ships before they reach their expected service lives: The navy budget sustains the trend of budget increases for fy 2024.

Despite a year of pilot programs aimed at getting new sailors, the navy missed all its recruiting goals in fiscal year 2023, resulting in higher goals for next year,. Military construction, navy & marine corps reserve programs.