Aerospace Group:

Navy/USMC

New Frigate Follow-On Ships Expected To Cost Near $800 Million

Thursday, January 17th, 2019

SHARE:

New Frigate Follow-On Ships Expected To Cost Near $800 Million

The future USS Sioux City (LCS-11) finishing acceptance trials in Lake Michigan in May 2018. (Photo: Lockheed Martin)

The Navy’s program manager for the new FFG(X) future frigate program said the service expects the follow-on units to cost close to $800 million. “We started closer to the $950 [number], we are trending very close to the 800 [number] now. So we have taken some very significant costs out of the average follow-on units,” Regan Campbell, FFG(X) program manager, said at the annual Surface Navy Association Symposium on Thursday. Campbell declined to provide a cost value for the lead…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]