:

Navy/USMC

CBO Says Navy Doubled New Sealift Vessel Cost In Overestimate

Monday, November 4th, 2019

SHARE:

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…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]