Daily News

NAVSEA analysis: Ship service life extensions could cost Navy $203B through FY-47

By Justin Katz  
July 12, 2018 at 4:31 PM
A Navy analysis completed last year and sent to Congress in June states the total cost of extending nearly a dozen ship classes between five and 15 years could incur an estimated bill of $203 billion through fiscal year 2047, according to a Congressional Research Service report. In June, multiple media outlets reported on an internal Navy memo signed by Naval Sea Systems Command chief Vice Adm. Thomas Moore and addressed to Vice Adm. William Merz, the service's top requirements...

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