The following is the Sept. 23, 2025, CNO Note – or “C-Note” – to the fleet from Chief of Naval Operations Adm. Daryl Caudle. From the ReportFM CNO WASHINGTON DCTO NAVADMININFO CNO WASHINGTON DCUNCLASNAVADMIN 203/25SUBJ/C-Note #2: Foundry Always//RMKS/1. The Foundry builds, generates, sustains and modernizes naval power through three critical components: PEOPLE, INFRASTRUCTURE and MATERIEL. With built-in feedback loops and mechanisms in place, we will rapidly identify, assess, respond to and correct gaps in our Sailor’s training journey. Infrastructure: Shore platforms generate naval power.