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Analysis of the Navyäó»s Fiscal Year 2015 Shipbuilding Plan
Eric J. Labs (au)
The Department of Defense (DOD) submitted to Congress the Navyäó»s 2015 shipbuilding plan, which covers fiscal years 2015 to 2044. The total costs of carrying out the 2015 plan -- an average of about $21 billion in 2014 dollars per year over the next 30 years -- would be one-third higher than the funding amounts that the Navy has received in recent decades. The Navy plans to buy 264 ships over the next 30 years. This report estimates the new-ship construction costs in the Navyäó»s plan at about $19 billion per year, and its estimate of costs over the next 30 years is one-third higher than what the Navy has spent over the past 30 years. The report also discusses: ship purchases and inventories under the 2015 plan; shipbuilding costs under the 2015 plan; costs of meeting nearly all inventory goals in each year; shipbuilding given historical average funding; shipbuilding under the Budget Control Act of 2011; and outlook for specific ship programs. Tables and figures. This is a print on demand report.
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