Tag Archives: Fincantieri

Top Stories 2020: U.S. Navy Acquisition

Top Stories 2020: U.S. Navy Acquisition

Attack boat Vermont (SSN-792) float-off on March 29, 2019. General Dynamics Electric Boats Photo

This post is part of a series of stories looking back at the top naval news from 2020.

2020 may be among the most consequential years for Navy acquisition in recent memory, with the service making big moves in support of its Distributed Maritime Operations operating concept. Read More

CBO Says Navy Underestimated Cost of First Frigate by 40 Percent

CBO Says Navy Underestimated Cost of First Frigate by 40 Percent

Italian FREMM, the basis for the FFG-62 program. Fincantieri Marine Group Image

This story was updated to include a statement from a spokesman for Navy acquisition chief James Geurts.

The lead ship in the Navy’s next-generation frigate class could cost $1.6 billion, a figure that is 40 percent above the service’s projections for the first-in-class vessel, according to the Congressional Budget Office.
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Report to Congress on U.S. Navy Frigate FFG(X) Program

Report to Congress on U.S. Navy Frigate FFG(X) Program

The following is the June 8, 2020 Congressional Research Service report, Navy Frigate (FFG[X]) Program: Background and Issues for Congress.

The FFG(X) program is a Navy program to build a class of 20 guided-missile frigates (FFGs). Congress funded the procurement of the first FFG(X) in FY2020 at a cost of $1,281.2 million (i.e., about $1.3 billion). The Navy’s proposed FY2021 budget requests $1,053.1 million (i.e., about $1.1 billion) for the procurement of the second FFG(X). The Navy estimates that subsequent ships in the class will cost roughly $940 million each in then-year dollars. Read More