The Navy's rendering of the newly-awarded FFG(X). (Source: US Navy)
WASHINGTON – The U.S. Navy’s cost estimate for its new Constellation-class frigate will end up being about 40 percent short of the final cost per ship, the Congressional Budget Office predicted Tuesday.
Eric Labs, the widely respected CBO analyst who produces assessments of Navy programs for lawmakers, calculated the cost of the ship would be about $1.2 billion per hull. The Navy’s estimate is $870 million per ship. The whole 10-ship contract, if executed, will cost about $12.3 billion, CBO estimated. The Navy estimates $8.7 billion.
The CBO analysis is based on a combination of factors including: the average cost of building similar ships per thousand tons; the cost of similar systems on similar ships; historical data of savings achieved across the life of a shipbuilding program; and it accounts for the fact that the growth of shipbuilding costs historically outpaces inflation in the overall economy.
Read more ....
Update: Navy’s Frigate Seen Busting Goal by 40% at $1.2B (Bloomberg)
WNU Editor: You would think that the Pentagon would have some explaining to do on why their cost estimates for this new frigate are now 40% higher. But of course that is not happening. It seems their priority is to decide on what names to give these future ships .... U.S. Navy reveals name of next-generation frigate class (Defence-Blog).
7 comments:
So another minimally manned, over complex, over budget, over-fragile glass hulk. At least the Navy is consistent.
And then name it, "Constellation" /how original.
The Perry class were great ships. Simple. rugged and operated by actual sailors. The compulsion to reinvent the wheel every time a new ship is designed is pointless and tiresome.
So wait, let me get this straight
In 2019, the USA has its best economic year on record in over 70 years, and at the same time China has its worst economic year on record, losing the trade war publicly and embarrassingly
The talk about the end of the Chinese century was all over town.
Then suddenly, after that summer in 2019 when the talk of the demise of the Chinese empire is heating up and from Shanghai to Beijing people start whispering about dethroning Xi, at that very same time frame, a novel virus befalls the earth and the biggest financial benefactor is China, buying up properties and companies underneath owners feet who're about to hang themselves thanks to the crisis the virus has inflicted about them
And zero coverage on the origin story of this virus
Instead, our media ghouls call you racist(in goose step with the CCP) if you even dare to ask why your children will be worse off than you
What the fuck is going on?
9 months and still nothing happened
The virus will cost the USA 16 trillion USD!
That's the cost of the aftermath of 20-50 9/11 events, including the costs of the Iraq and Afghanistan wars
Wtf
Like what the fck
Where are our military and Intel leaders?
Why the radio silence after a million dead and trillions and trillions of our wealth erased, transferred to China??
Why no war declaration after a WMD was released on us?
Good points. And no answering will ever be given.
They overestimate how mature science/tech was.
The components work but integration fails
If it is the former and they do it often, then these people should be let no where near a gambling table.
There are 3 main way of estimating costs. Is the Navy and CBO using the same methods?
Considering what's coming in the near future this is cheap money.
Nice Post.
Also check this out
Laptops, Mobiles, Games, Tv, Smartwatches etc Daily Tech News Updates.
Post a Comment