Carrier USS Gerald R Ford Cost Rises

The US Navy (NAVSEA) will have to pay more and face another schedule delay for the aircraft carrier USS Gerald R Ford (CVN 78), the Naval Sea Systems Command (NAVSEA) said on 11 May. The USN will pay another USD120 million for Ford , NAVSEA spokesman Alan Baribeau said, increasing the cost to about USD13.03 billion. Before this increase, Congress...

The US Navy (NAVSEA) will have to pay more and face another schedule delay for the aircraft carrier USS Gerald R Ford (CVN 78), the Naval Sea Systems Command (NAVSEA) said on 11 May.

The USN will pay another USD120 million for Ford , NAVSEA spokesman Alan Baribeau said, increasing the cost to about USD13.03 billion.

Before this increase, Congress had set a cost of about USD12.9 billion, the US Government Accountability Office (GAO) noted in an April report that provides cost, schedule, and related updates for major Pentagon programmes. Initially, Congress had established a procurement cost cap of USD10.5 billion for the ship, but the USN has been permitted to increase that cap to correct deficiencies identified during testing as well as those changes required to ensure the safety of the ship and personnel.

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Source: www.janes.com