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Navy/USMC

CBO Says Navy’s 30-Year Plan Would Cost A Third More Than Service Estimates

Friday, October 19th, 2018

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CBO Says Navy’s 30-Year Plan Would Cost A Third More Than Service Estimates

USS Washington (SSN 787), a Virginia-class submarine, completing initial sea trials. (Photo: Huntington Ingalls Industries)

The Congressional Budget Office (CBO) released a report on Thursday finding the Navy’s plan to increase shipbuilding to get toward 355 ships would cost a third more than the service estimates when including all costs in shipbuilding.Whereas the Navy’s plan estimated new ships would cost about $631 billion over 30 years with an average of $21 billion per year, the CBO estimated that using its own assumptions the cost would be closer to $26.7 billion per year or a total…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]