Sign In
Search
Navy/USMC

GAO Shipyard Audit: SIOP Cost Estimate In FY 2025, Navy Needs To Use Better Costs And Schedule Practices

Rich Abott By
SHARE:
GAO Shipyard Audit: SIOP Cost Estimate In FY 2025, Navy Needs To Use Better Costs And Schedule Practices
PEARL HARBOR, Hawaii (December 14, 2022) Vice Chief of Naval Operations Admiral Lisa Franchetti discusses plans for infrastructure improvements under the Shipyard Infrastructure Optimization Program (SIOP) with Shipyard Commander Captain Richard Jones, and Production Facilities and Plant Equipment Manager Chad Nakamoto at Pearl Harbor Naval Shipyard & Intermediate Maintenance Facility (PHNSY & IMF) during a visit for an operations update and SIOP tour onboard Joint Base Pearl Harbor-Hickam. PHNSY & IMF is a field activity of NAVSEA and a one-stop regional maintenance center for the Navy’s surface ships and submarines. (U.S. Navy photo by Justice Vannatta/Released)

A new Government Accountability Office (GAO) audit found the Navy needs to stick to cost and schedule best practices to maintain accurate estimates for the ballooning costs of its decades-long shipyard upgrade plan. The Navy’s initial cost and schedule estimate for the Shipyard Infrastructure Optimization Program (SIOP), issued in February 2018, was a 20-year effort set to cost $21 billion. However, by March 2023 the Navy told GAO auditors that estimate was not accurate. This new report, published June 28,…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] 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

First Operational ORCA XLUUV To Be Delivered Early 2025

Navy/USMC

CNO Franchetti Releases 2024 NAVPLAN With 2027 Focus

Navy/USMC

CNO Nominee Open To Ditching Boise, Adding Ship Repair and Construction Work Outside U.S.

Navy/USMC

CNO: Navy Learning From Red Sea Ops Against Houthi Weapons

Trending

Red Cat Expects LRIP Order Soon For Army’s SRR Small Drone, ‘Aggressive’ Ramp Up In FY ‘26
MDA Seeks New Mobile Golden Dome Radar
Golden Dome Head Outlines Near Term Goals, Space-Based Interceptors, And Undecided Architecture
DoD Acquisition Chief Supports HASC’s Reform Proposal, Lawmakers Urge More Communication
Lockheed Martin Outlines $1.6 Billion In Charges, Including Skunk Works Program

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume