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Navy/USMC

CBO Finds Shipbuilding Plan To Cost 10 Percent More Than Estimated

Thursday, April 22nd, 2021

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CBO Finds Shipbuilding Plan To Cost 10 Percent More Than Estimated

A new Congressional Budget Office (CBO) report released April 22 estimates the Navy’s latest long-term shipbuilding plan would cost 10 percent more than the service expects. The Navy submitted the annual 30-year shipbuilding plans to Congress 10 months late in December, rather than as normal with the annual Defense Department budget request in early 2020. Beyond being late, it mapped out a plan to drastically increase the size of the fleet, reaching 355 manned ships within a decade and reaching…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]