Navy Cost Estimates on Shipyard Modernization ‘Wildly Off,’ GAO Tells Congress

The Navy’s cost estimates for modernizing dry docks in its four public shipyards ‘have been wildly off point,” Diana Maurer, the director of defense capabilities in the General Accountability Office, testified on Tuesday. She was referring to GAO’s latest report on the Navy’s Shipyard Infrastructure Optimization Plan released this week and a 2017 report on the condition of the public yards’ layout, facilities and workforce. The 2017 report led the service to develop a 20-year optimization plan. “All four of the public facilities are rated poor, and we are concerned about that,” she said. “The cost of the Navy’s dry … Continue reading Navy Cost Estimates on Shipyard Modernization ‘Wildly Off,’ GAO Tells Congress