Daily News

Geurts: Guided-missile frigate lead ship pegged at $1.2 billion

By Lee Hudson  
April 16, 2018 at 10:52 AM
The Navy has placed a $1.2 billion cost estimate for the guided-missile frigate replacement lead ship with expectations the figure will drop with follow-on vessels, according to the service's acquisition executive. Navy acquisition chief Hondo Geurts told lawmakers April 12 during a House Armed Service seapower and projection forces subcommittee hearing the cost of FFG(X) follow-on ships are estimated at $850 million. This differs from the cost estimate Regan Campbell, FFG(X) program manager within the program executive office for unmanned...

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