This legislation, known as the Save Our Ships Act , establishes the Historic Naval Ship Preservation Grant Program within the Department of the Interior. The program's primary goal is to support the physical preservation of historic military vessels, ensuring their continued availability to the American public. This initiative aims to educate on past maritime endeavors and inspire future United States military maritime pursuits, with administration overseen by the Secretary of the Interior in consultation with the Departments of Homeland Security and Defense. The program will award competitive grants to eligible entities, including state or local governments and private nonprofit organizations that administer "covered sites" providing public access to these vessels. Grant funds can be used for conserving and preserving historic military vessels, which includes physical upkeep, repair, and mitigating environmental hazards or damage. Additionally, grants can support education and workforce development programs related to military maritime careers, such as shipbuilding and submarine construction. The bill authorizes an appropriation of $5,000,000 for fiscal year 2026 and each subsequent fiscal year to carry out the program.