With a recent Congressional Budget Office (CBO) report questioning U.S. Navy shipbuilding cost and operational assumptions, the service is again defending its plan and estimates. The Navy projects that buying the new ships in the 2013 plan will cost a total of $505 billion over 30 years, or an average of $16.8 billion per year, CBO notes. CBO estimates that the cost for new-ship construction under the 2013 plan will total $599 billion through 2042, or an average of $20 billion per year. “Not ...
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