
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…