Navy Ford (CVN-78) Class Aircraft Carrier Program: Background and Issues for Congress

Download or read book Navy Ford (CVN-78) Class Aircraft Carrier Program: Background and Issues for Congress written by Ronald Ronald O'Rourke and published by . This book was released on 2014-09-16 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: CVN-78, CVN-79, and CVN-80 are the first three ships in the Navy's new Gerald R. Ford (CVN-78) class of nuclear-powered aircraft carriers (CVNs).CVN-78 was procured in FY2008. The Navy's proposed FY2015 budget estimates the ship's procurement cost at $12,887.2 million (i.e., about $12.9 billion) in then-year dollars. The ship received advance procurement funding in FY2001-FY2007 and was fully funded in FY2008- FY2011 using congressionally authorized four-year incremental funding. The Navy did not request any procurement funding for the ship in FY2012 and FY2013. To help cover cost growth on the ship, the ship received an additional $588.1 million in procurement funding in FY2014, and the Navy is requesting another $663.0 million in procurement funding for FY2015.CVN-79 was procured in FY2013. The ship received advance procurement funding in FY2007- FY2012, and the Navy plans to fully fund the ship in FY2013-FY2018 using congressionally authorized six-year incremental funding. The Navy's proposed FY2015 budget estimates CVN- 79's procurement cost at $11,498.0 million (i.e., about $11.5 billion) in then-year dollars, and requests $1,300 million in procurement funding for the ship.CVN-80 is scheduled to be procured in FY2018. The Navy's proposed FY2015 budget estimates the ship's procurement cost at $13,874.2 million (i.e., about $13.9 billion) in then-year dollars. Under the Navy's proposed FY2015 budget, the ship is to receive advance procurement funding in FY2016-FY2017 and be fully funded in FY2018-FY2023 using congressionally authorized six-year incremental funding.