Accession Number:

AD1013584

Title:

Inflation in the Costs of Building Aircraft Carriers

Descriptive Note:

Technical Report

Corporate Author:

Congressional Budget Office Washington United States

Personal Author(s):

Report Date:

2016-04-01

Pagination or Media Count:

6.0

Abstract:

The Department of Defense DoD submitted to the Congress the Navys 2016 shipbuilding plan for fiscal years 2016 to 2045 in April 2015.1 As detailed in that plan, the Navy intends to purchase six CVN-78 Gerald R. Ford class aircraft carriers over the 20162045 period. Construction of the lead ship, the Gerald R. Ford, is nearly finished. The next carrier in the class will be the John F. Kennedy CVN-79. Funding for that ship began in 2007, the Congress officially authorized its construction in 2013, and appropriations for it are expected to be complete by 2018.

Descriptors:

• department of defense
• military budgets
• aircraft carriers
• economic analysis
• procurement
• shipbuilding
• shipyards
• naval vessels
• construction
• acquisition
• national security
• INFLATION ECONOMICS

Subject Categories:

• Logistics, Military Facilities and Supplies
• Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE