Presentation by Erics Labs, CBO's Senior Analyst for Naval Forces and Weapons, at the 2016 Defense Outlook Forum.
Over the next 30 years, the Navy’s 2016 shipbuilding plan will cost one-third more than the service has received historically, CBO estimates. In particular, cost growth in lead ships (and its effect on subsequent ships) drives up the cost of the Navy’s shipbuilding program. If future Navy shipbuilding budgets are in line with those over the past 30 years, the Navy’s fleet will be about 20 percent smaller in 2045 than under the Navy’s plan.
