New CBO report takes a hard look at Navy shipbuilding plans

Capt. John

The Congressional Budget Office (CBO) has released its latest analysis of U.S. Navy shipbuilding plan costs. Not for the first time, the CBO report finds costs would be higher than the Navy estimates and that the average annual appropriation required would be substantially higher than the average over the past five years.

As we’ve noted oftentimes, the Navy is the U.S. shipbuilding industry’s largest customer, so we can expect the CBO report to provide industry leaders with some less than light...

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