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GAO: Cost estimate for second Ford carrier 'not reliable,' set to breach $11.4B cost cap

June 14, 2017 |
Jason Sherman
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The Navy's cost estimate for the second Ford-class aircraft carrier, the John F. Kennedy (CVN-79), "does not sufficiently account for program risks," is "not reliable," and therefore is likely to exceed the $11.4 billion cost cap set by Congress, according to a congressional audit. The Government Accountability Office, in a new report on the $43 billion program to develop and field three Ford-class ships, recommends the Navy develop a new, "reliable" cost estimate -- supported by an independent assessment from...

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