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Navy/USMC

CBO Says Navy Doubled New Sealift Vessel Cost In Overestimate

Monday, November 4th, 2019

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CBO Says Navy Doubled New Sealift Vessel Cost In Overestimate

The October 2019 Congressional Budget Office Report, Alternatives For Modernizing the Navy's Sealift Force.

A new Congressional Budget Office (CBO) report says the Navy’s estimate for the cost of potential new sealift vessels is about double what standard practice expects. The report released last week, Alternatives For Modernizing the Navy's Sealift Force, analyzed the Navy’s March 2018 plan to modernize the sealift force over the next 30 years. It compared the Navy’s estimate to four alternative plans. The Navy’s plan consists of modernizing the current sealift force of 75 ships by extending the service…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]