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Budget

National Sea-Based Deterrence Fund Could Cut Ohio-Class Replacement Construction Costs, CBO Finds

Valerie Insinna

Friday, December 4th, 2015

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National Sea-Based Deterrence Fund Could Cut Ohio-Class Replacement Construction Costs, CBO Finds

The SSBN(X) will replace Ohio-class ballistic subs. Photo: U.S. Navy

The Navy anticipates building its top priority—the Ohio replacement submarine—during a fiscally austere period where the shipbuilding account will be strapped for cash, but using a special, Defense Department-wide account would give the service new funding mechanisms that could save anywhere from 5 to 10 percent per ship, the Congressional Budget Office estimated.Congress created the National Sea-Based Deterrence Fund in the 2015 defense authorization bill to help the service start to begin saving for its newest boomers before lead ship…

Congress

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Congress

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Congress

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Congress

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