CBO: Latest shipbuilding plan will require significantly higher budgets than Navy estimates

By Audrey Decker / November 11, 2022 at 10:57 AM
The Navy's long-range shipbuilding plan will require higher annual shipbuilding budgets than the service estimates and multiple programs in the pipeline will be billions over projected costs, according to the Congressional Budget Office's annual analysis of the shipbuilding plan. The service’s 30-year shipbuilding plan, released in April, offered Congress three options -- two of which assume no real budget growth -- that, at the high end, could produce a battleforce fleet of 363 ships by 2045. However, all three alternatives...

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