CBO: Navy Shipbuilding Plan Underfunded

Posted December 16, 2014 at 12:12pm

Defense Industry Daily reports that “The latest review external link by the US Congressional Budget Office concludes like in past years that the US Navy’s shipbuilding plan is underfunded, especially in the out years. “’CBO’s estimate of the cost of new-ship construction in the Navy’s 2015 shipbuilding plan is $66 billion, or 13 percent, higher over the next 30 years than the Navy’s estimate.'”