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

Navy Releases Draft Notice For Naval Modular Missile Interceptor

Navy/USMC

CENTCOM Uses Saronic USVs For One-Way Strikes In Latest Attacks On Iran

Navy/USMC

DIU Picks Kongsberg Team For CAMP XLUUV

Navy/USMC

TOTE Wins $2.2 Billion Navy LSM Management Contract

Trending

Electra Selects Ohio Site To Produce Dual-Use Hybrid-Electric Aircraft
Pentagon Seeks Bomber Prototypes In Drone Dominance Program
Northrop Grumman To Produce SRMs For PAC-3 Missiles As Second Source
BETA Working With Sikorsky On New MV250 Hybrid-Electric VTOL For Contested Logistics
Space Force Boosts Ceiling For NSSL Phase 3, Lane 1 By $11.4 Billion

Congress Updates

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 […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

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 […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume