Sign In
Search
Navy/USMC

CBO Says Replacing Naval Aviation Fleet To Cost $380 Billion

Rich Abott By
SHARE:
CBO Says Replacing Naval Aviation Fleet To Cost $380 Billion
CBO Report, The Cost of Replacing Today’s Naval Aviation Fleet, January 2020. (Image: CBO)

A new Congressional Budget Office (CBO) report estimated it will cost the Department of the Navy about $380 billion to maintain the current size of the Navy and Marine Corps aviation fleet through 2050. The report, The Cost of Replacing Today’s Naval Aviation Fleet, released Monday, estimates that buying new aircraft to maintain the current naval aviation force size will cost about $11 billion per year through 2030. CBO said this is “an amount similar to the average since 2000.”…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Navy/USMC

Navy Names New Temporary Acquisition Chief

Navy/USMC

DIU And Navy Launch Mine Countermeasure Modernization Prize

Navy/USMC

MUSV At-Sea Testing Limited To Seven Selectees But Could Re-Open If Navy Wants USVs With Different Requirements

Navy/USMC

Navy Chooses Seven Companies For First MUSV At-Sea Demos

Trending

Lockheed Details Successful Propulsion Demo For PrSM Inc. 4 Design, Flight Test To Begin This Fall
Elbit America Teams With Anduril On Offering For Army’s Future Howitzer Competition
DroneShield Awarded $13.8 Million By JIATF-401 For Anti-Drone Systems On Southern Border
Low Radar Cross Section Of MQ-28 Ghost Bat Validated, Boeing Says
Northrop Grumman Targets Next Year For On-Orbit SBI “Capability”

Congress Updates

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume