Ray Mabus: “The acquisition process has to be gotten under control or we are going to unilaterally disarm ourselves.”

It is important because it makes us better warfighters. It is important because it takes fuel away as a weapon to be used against us.

I think sequestration puts every program at risk. It puts everything we do at risk.

For me, leading the Department of the Navy is the greatest honor of my life.

I want to thank this committee for all that you have done to ensure that the Navy and Marine Corps remain the preeminent fighting force in the world.