17 September 2021
US Congressional Budget Office notes US Navy shipbuilding increase
by Michael Fabey
The proposed US Navy (USN) 30-year shipbuilding plan requires more annual outlays than in previous budgets, according to a Congressional Budget Office (CBO) report released on 16 September.
“The cost of the navy's [fiscal year (FY)] 2022 plan would exceed recent shipbuilding budgets,” the CBO reported.
In June, the Pentagon submitted the USN's 30-year shipbuilding plan for FY 2022 to Congress, as required, to describe the annual inventory, purchases, deliveries, and retirements of the ships in its fleet over the next 30 years.
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The proposed US Navy (USN) 30-year shipbuilding plan requires more annual outlays than in previous b...
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