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moves money News – MeriTalk July 08, 2026

Navy Stands Up Next Generation Undersea Security Initiative

AI Summary

Navy is launching an initiative to build a network of industry and nonprofit partners capable of rapidly developing prototype technologies intended to sustain and expand strategic superiority in undersea operations. The Navy’s Portfolio Acquisition Executive (PAE) for Strategic Systems Programs launched the Next Generation Undersea Security Initiative (NG-USI) through a sources sought notice published July 2. The office oversees the sea-based leg of the nation’s nuclear triad.

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