:

Navy/USMC

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

Thursday, June 15th, 2017

SHARE:

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…

Advanced / Transformational Technology

Pentagon May Make ‘Tradeoffs’ For Low-Cost Autonomous Tech Without Reconciliation Funds, CTO Says

The Pentagon’s chief technology officer has said the department may need to make “tradeoffs” on certain capability priorities if Congress doesn’t pass a reconciliation with $350 billion in requested defense […]

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]