Author Topic: Budget office says amphibious ship could cost triple Navy’s estimate  (Read 442 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 177,119
Budget office says amphibious ship could cost triple Navy’s estimate
By Megan Eckstein
 Apr 11, 03:30 PM
 
The Congressional Budget Office expects the Landing Ship Medium program to cost billions of dollars more than the U.S. Navy previously estimated, though the organization noted that ongoing questions about the ship’s role create uncertainty on the final design and cost.

The office estimated an 18-ship LSM program would cost between $6.2 billion and $7.8 billion in 2024 inflation-adjusted dollars, or $340 million to $430 million per ship. This is three times more than the Navy’s comparable estimate of $2.6 billion total, or $150 million per ship.


The CBO, in a report released April 11, noted the program would cost between $11.9 billion and $15 billion in 2024 dollars if the service ultimately buys 35 ships, as the Marine Corps has pushed for.

https://www.defensenews.com/newsletters/2024/04/11/budget-office-says-amphibious-ship-could-cost-triple-navys-estimate/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address