The Navy to date has invested $500 million into working with the Texas-based non-profit BlueForge Alliance to strengthen the submarine industrial base — and that investment will likely continue to rise, the service official leading the effort says.
“We have $605 million of supplier development [funding] in the [fiscal year 2024] national security supplemental and… I expect to engage those projects via BlueForge,” Matt Sermon, executive director of the program executive office for strategic submarines, told reporters during a June 6 roundtable at Naval Sea Systems Command. After the initial publication of this report, a Navy spokesman told Breaking Defense between $250 and $300 million will be spent on efforts through BlueForge Alliance.