Tag Archives: Congressional research service

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