The Insider

CBO: Navy frigate sale to Bahrain has $80M price tag

By Justin Katz  
July 13, 2018 at 9:28 AM

The potential foreign military sale of an Oliver Hazard Perry-class frigate to Bahrain would have an $80 million price tag, according to a new Congressional Budget Office report.

The July 12 report, which was mandated by the International Security Assistance Act of 2018, states the government has authority for three years to sell the frigate Robert Bradley (FFG-49) to Bahrain.

"CBO estimates that Bahrain would purchase the frigate in 2019 and pay roughly $80 million," the report said. "About $10 million of that amount would be deposited in the treasury, and the remainder would be paid directly to a shipyard located in the United States for refurbishing the frigate."

197407