Accession Number : ADA543145
Title : Navy Virginia (SSN-774) Class Attack Submarine Procurement: Background and Issues for Congress
Descriptive Note : Congressional rept.
Corporate Author : LIBRARY OF CONGRESS WASHINGTON DC CONGRESSIONAL RESEARCH SERVICE
Personal Author(s) : O'Rourke, Ronald
Report Date : 21 Apr 2011
Pagination or Media Count : 29
Abstract : The Navy has been procuring Virginia (SSN-774) class nuclear-powered attack submarines (SSNs) since FY1998. Fourteen have been procured through FY2011, and another two are requested for FY2012. The eight boats to be procured in the five-year period FY2009-FY2013 (boats 11 through 18, in annual quantities of 1-1-2-2-2) are being procured under a multiyear procurement (MYP) arrangement. The Navy's proposed FY2012 budget requests $3,232.2 million in procurement funding to complete the procurement cost of the 15th and 16th Virginia-class boats. The FY2012 budget estimates the combined procurement cost of these two boats at $5,142.8 million, and under Navy budget plans the boats are to receive a total of $1,910.5 million in prior-year advance procurement (AP) and Economic Order Quantity (EOQ) funding. The Navy's proposed FY2012 budget also requests $1,524.8 million in AP funding for Virginia-class boats to be procured in future years.
Descriptors : *NAVAL PROCUREMENT , *ATTACK SUBMARINES , *BUDGET ESTIMATES , *NUCLEAR POWERED SUBMARINES , NAVAL BUDGETS
Subject Categories : Economics and Cost Analysis
Logistics, Military Facilities and Supplies
Distribution Statement : APPROVED FOR PUBLIC RELEASE