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What is the United States Navy Working Capital Fund?

United States Navy Working Capital Fund

It’s money that helps to support the US Navy. It's a revolving fund, which means it can be used to finance continuing operations from year to year, and is intended to break even, so makes neither a profit nor a loss.

Where have you heard about the United States Navy Working Capital Fund?

It’s a branch of the US Department of Defence working capital funds. Working capital funds are used by the US government to increase business efficiency. Their initial capital comes from the government budget, but then the fund is expected to generate cash internally.

What you need to know about the United States Navy Working Capital Fund.

US Navy activities financed through the Navy Working Capital Fund (NWCF) perform a wide range of functions, including base support, depot maintenance, research and development and transportation. The NWCF plays an important role in ensuring the Navy can keep up with the ongoing costs of fleet operations as well as reinvest in new platforms and weapons systems.

In the past, the US military had two categories of revolving fund - stock funds and industrial funds - but in 1991 they were rolled into one.

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