|
Older Revisions:
 Revised March 13, 2013
 Revised Feb. 11, 2013
 Revised Dec. 10, 2012
 Revised July 26, 2012
 Revised June 29, 2012
 Revised June 11, 2012
 Revised April 4, 2012
 Revised Feb. 9, 2012
 Revised April 20, 2011
 Revised Feb. 23, 2011
 Revised Jan. 21, 2011
 Revised Dec. 23, 2010
 Revised Sept. 28, 2010
 Revised Aug. 24, 2010
 Revised June 24, 2010
 Revised June 10, 2010
 Revised April 19, 2010
 Revised April 13, 2010
 Revised Dec. 22, 2009
 Revised Oct. 21, 2009
 Revised Sept. 17, 2009
 Revised Nov. 20, 2008
 Revised Oct. 3, 2008
 Revised July 2, 2008
 Revised April 7, 2008
 Revised July 26, 2006
 Revised June 20, 2006
 Revised May 24, 2006
 Revised June 24, 2005
 Revised May 25, 2005
 Revised Aug. 20, 2004
 Feb. 19, 2002
Summary:
CVN-78, CVN-79, and CVN-80 are the first three ships in the Navy s new Gerald R. Ford (CVN78) class of nuclear-powered aircraft carriers (CVNs). CVN-78 was procured in FY2008. The Navy s proposed FY2014 budget estimates the ship s procurement cost at $12,829.3 million (i.e., about $12.8 billion) in then-year dollars. The ship received advance procurement funding in FY2001-FY2007 and was fully funded in FY2008FY2011 using congressionally authorized four-year incremental funding. The Navy did not request any procurement funding for the ship in FY2012 and FY2013. The Navy is requesting $588.1 million in procurement funding in FY2014, and plans to request another $729.0 million in procurement funding in FY2015, to cover cost growth on the ship. CVN-79 is scheduled to be 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 FY2014 budget estimates CVN-79 s procurement cost at $11,338.4 million (i.e., about $11.3 billion) in then-year dollars, and requests $944.9 million in procurement funding for the ship. CVN-80 is scheduled to be procured in FY2018. The Navy s proposed FY2014 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 FY2014 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. Oversight issues for Congress for the CVN-78 program include the following: the potential impact of the March 1, 2013, sequester on the CVN-78 program; cost growth in the CVN-78 program; where the estimated procurement costs of CVNs 78, 79, and 80 now stand in relation to the legislated procurement cost caps for the ships, and whether the cost caps should be amended; the potential for a two-ship block buy on CVN-79 and CVN-80; and CVN-78 program issues that were raised in a December 2012 report from the Department of Defense s (DOD s) Director of Operational Test and Evaluation (DOT&E).
|