The Navy decided not to fund the worst-case $1.1 billion estimate for the cost overrun on the aircraft carrier Gerald R. Ford (CVN-78), Navy acquisition executive Sean Stackley said today. "We did not budget to the worst case," Stackley told reporters at the Surface Navy Association's annual conference, noting the department instead budgeted to the most likely estimate for the overrun. Bloomberg first reported last month that the worst-case estimate was $1.1 billion and the program manager's "most likely"...
