Sign In
Search
Navy/USMC

CBO Says Shipbuilding Plan Would Cost 10 to 43 Percent Over Current Costs

Rich Abott By
SHARE:
CBO Says Shipbuilding Plan Would Cost 10 to 43 Percent Over Current Costs
Table 2, Average Potential Ship Construction Costs Under the Navy’s 2022 Shipbuilding Plan, from the Congressional Budget Office September 2021 report: An Analysis of the Navy’s Fiscal Year 2022 Shipbuilding Plan. (Image: Congressional Budget Office)

A new Congressional Budget Office (CBO) report assessed the FY ‘22 Navy long-range shipbuilding plan would cost 10 to 43 percent more than recent shipbuilding budgets and the future force could reduce the fleet's Vertical Launch System (VLS) missile capacity.  In June, the Navy submitted its long-range shipbuilding plan to Congress but did not include details for construction after fiscal year 2022, outlining the administration’s future priorities and general direction (Defense Daily, June 21). The plan did not disclose definitive…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Navy/USMC

Anduril Nabs First Spot In DIU’s XLUUV Prototype Effort, Aims To Avoid Orca Pitfalls

Navy/USMC

Amphibious Fleet At 45 Percent Readiness As New Board Meets To Fix Challenges

Navy/USMC

Electric Boat President Says Multi-Sub Award Still Months Away, Explains Outsourcing Issues

Navy/USMC

“We Can Do A Lot:” Fincantieri Sees LSMs As Way Back To Serial Production, Could Start Production This Year

Trending

Anduril Nabs $20 Billion Army Award For Enterprise-Wide Counter-Drone Solutions
Defense Watch: PAC-3 and Wedgtail Awards, C-UAS Standards, Dem Praises Hegseth
Official: DoD’s FY ‘27 Budget Request Coming ‘Relatively Soon,’ Makes ‘Generational Investment’
Air Force Flight Tests Affordable Missile Demonstrator With Ursa Major Engine
York Strengthens Vertical Integration With Acquisition Of In-Space Propulsion Supplier Orbion

Congress Updates

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume