Tag Archives: Congressional Budget Office

Experts Outline Costs, Benefits of Building a 355-Ship Navy Before Senate Panel

Experts Outline Costs, Benefits of Building a 355-Ship Navy Before Senate Panel

A crane moves the lower stern into place on the nuclear-powered aircraft carrier John F. Kennedy (CVN-79) at Huntington Ingalls Shipbuilding in Newport News, Va. on June 22, 2017. HII Photo

WASHINGTON, D.C. — Spending more money now to increase the Navy’s fleet size will signal to potential adversaries their victory at sea is not possible, but accomplishing this is neither cheap nor quick, a quartet of experts told a Senate panel on Tuesday. Read More

House Seapower Chair Wittman Outlines Committee Agenda

House Seapower Chair Wittman Outlines Committee Agenda

Rep. Rob Wittman (R-Va.)

WASHINGTON, D.C. — The new head of the Hose Armed Services seapower and projection forces committee presented an outline of his priorities including moving aircraft carriers to four-year build cycles, funding ships incrementally and learning how fast the shipbuilding industry can ramp up to meet the Navy’s 355 ship goal. Read More

Lawmakers ask for Hypothetical Budgets to Build a 355 Ship Navy

Lawmakers ask for Hypothetical Budgets to Build a 355 Ship Navy

Aircraft carrier Gerald R. Ford (CVN-78) sits pier side in the early morning light at Newport News Shipbuilding in 2014. US Navy Photo

Aircraft carrier Gerald R. Ford (CVN-78) sits pier side in the early morning light at Newport News Shipbuilding in 2014. US Navy Photo

WASHINGTON, D.C. — Lawmakers have asked the Congressional Budget Office for data on what it would take to reach a 355-ship Navy over various periods of time, the chairman of the House Armed Services seapower and projection forces subcommittee said today. Read More

CBO: Special Ohio Replacement Program Fund Could Save Up to $10 Billion Over Construction

CBO: Special Ohio Replacement Program Fund Could Save Up to $10 Billion Over Construction

USS Henry M. Jackson (SSBN-730) arrives home at Naval Base Kitsap-Bangor following a strategic deterrent patrol on May 5, 2015. US Navy Photo

USS Henry M. Jackson (SSBN-730) arrives home at Naval Base Kitsap-Bangor following a strategic deterrent patrol on May 5, 2015. US Navy Photo

WASHINGTON, D.C. — A fund established last year to break out the Ohio-class Replacement nuclear ballistic missile submarine (SSBN) from the Navy’s traditional shipbuilding budget could cut the $100 billion price tag for the 12 boomers by up to 10 percent, according to estimates from the Congressional Budget Office. Read More