Tag Archives: USS Constellation

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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