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CBO, Navy Differ On Cost of Shipbuilding Plan

By Jen DiMascio The Congressional Budget Office (CBO) places the Navy's shipbuilding tab for the next five years about 30 percent higher than the Navy does, according to a report released yesterday. The biggest gaps are in estimates of two premier modernization programs--the DDG-1000 destroyer and the CG(X) cruiser. Between 2009 and 2013, the Navy plans to buy five DDG- 1000s and two CG(X) cruisers. Whereas the Navy has said those ships will cost $16.4 billion, CBO estimates the cost…

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Congress Updates

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