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

By Justin Katz / October 19, 2018 at 3:28 PM
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 last 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 the...

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