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Navy/USMC

GAO Says Navy Continues To Underestimate Costs Of Ford-Class Carriers

Thursday, June 15th, 2017

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GAO Says Navy Continues To Underestimate Costs Of Ford-Class Carriers

The future USS Gerald R. Ford (CVN 78) arrives at Naval Station Norfolk in Virginia on April 14, 2017, after returning from builder's sea trials. (Photo by U.S. Navy)

A Government Accountability Office (GAO) report released Tuesday on the Gerald R. Ford-class aircraft carriers finds the Navy is continuing to underestimate the cost of these ships past the first vessel.The GAO said while the new carrier class is meant to reduce costs and improve capabilities, the first version costs nearly $2.4 billion more than estimates and the Navy is underestimating the cost of the second ship by up to hundreds of millions of dollars. The original sensitive GAO report…

Congress

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