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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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]