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Navy/USMC

Navy Confirms New Frigate Nearly $1 Billion Each, 4-6 Concept Awards By Spring

Tuesday, January 9th, 2018

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Navy Confirms New Frigate Nearly $1 Billion Each, 4-6 Concept Awards By Spring

Artist's concept of the Type 26 Global Combat Ship bid for Australia's SEA 5000 Future Frigate program. Image: BAE Systems.

Naval Sea Systems Command confirmed today that each new Guided-Missile Frigate, beyond the first unit, has an expected end cost of $950 million each.This cost, in constant 2018 dollars, is the expected average threshold cost of each ship after the initial hull, Regan Campbell, program manager of the frigate program office (PMS 515) in PEO LCS, said in a media availability on Tuesday at the Surface Navy Association’s 2018 annual symposium.This cost does not cover the initial, first of class…

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]