This work is an effort by two naval experts, one a retired Russian Naval officer, the other an American naval arms control analyst, to look at the future relationship of the world's two greatest navies following the end of the Cold War and the demise of the Soviet Union. For the first time in English, readers are provided with a detailed examination of the sweeping changes in the strategy, doctrine, operations and size of both the U.S. and Russian navies in the last few years. The often frightening naval confrontations of the Cold War era have declined dramatically (but not entirely). The first tentative steps are outlined. The book offers a series of specific proposals to expand the current level of cooperation between the US and Russian navies and even envisions a "strategic partnership" in the long term.