The National Radio Astronomy Observatory (NRAO) has enabled forefront research into the Universe at radio wavelengths for more than sixty years. Thus, inspired by dramatic discoveries with the research facilities of the NRAO and its international partners, a much more capable next-generation Very Large Array (ngVLA) is being designed and developed to open vast new discovery space, enabling scientists to directly image the formation of Earth-like planets, trace the complex organic molecules in star-forming regions, unravel the dense gas history of the Universe during the key epoch of galaxy assembly, probe fundamental physics, and much more. The design and development of this next-generation Very Large Array is being led by members of the astronomy community working in close collaboration with the NRAO scientific, technical, and senior management staff, and could achieve full science operations by mid-2034. The National Radio Astronomy Observatory is a facility of the National Science Foundation operated under cooperative.