CBO: Navy's shipbuilding plan requires $28.9 billion per year going forward

By Justin Katz / October 19, 2018 at 9:20 AM
To achieve its desired 355-ship fleet, the Navy will require in future years an annual shipbuilding budget of $28.9 billion, nearly $5 billion more than the service received in fiscal year 2019 and one-third more than the service has estimated, according to a new analysis published this week by the Congressional Budget Office . "That total is 80 percent more than the average shipbuilding budget the Navy has received over the past 30 years and about 50 percent more than...

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