Opposition critical of shipbuilding cost blowout will be an important factor, analysts say.
An analysis by the National Association of Industrial Worker’s Associations, or NASWAA, showed that cost overruns of $20 billion are projected.
But that number has not been widely accepted by the public, and has been used to justify the cuts in defense spending.
The costs have been estimated by the GAO to be between $16 billion and $17 billion.
It estimated that only $13 billion of the cost overruns will come from shipbuilding and $8 bi바카라llion from production.
“In general, the GAO view is that, on the basis of available cost data and projected operating costs, and with our assumption of an effective rate of return to capital investment of 8 percent, the current shipbuilding 우리카지노budget program would be unlikely to be able to return as much as 8 percent over the longer term,” NASWAA President Ken Lofg바카라사이트ren said in a statement.
“While this will not reduce the military budget by nearly $1 trillion over the next 10 years, it would probably still result in a modest increase over that number.”
In fact, the GAO’s analysis shows that the Navy’s entire shipbuilding program will spend $21 billion in costs this year, or nearly a third more than projected when cost overruns began in 2009.
This year, the Navy has completed nearly $4.3 billion of work, according to the Navy and Defense Department, which will be required to pay for the remaining work. The last two years of shipbuilding have not been spent in this manner as work has moved to other programs.
One program that has taken a back seat is a $13 billion request to replace more than 400 Navy ships, including the aircraft carrier USS George Washington.
The carrier replacement will replace the aircraft carriers USS Theodore Roosevelt and USS Gerald Ford in the Persian Gulf and Southwest Asia.
The ship replacement cost overrun was $13.1 billion, according to the Army and Navy.
And costs have been mounting to the rear of the Navy’s shipbuilding fleet ever since the start of this year, with delays in some of the Navy’s most basic building projects.
The USS Enterprise-D received the first major defense contract, but delays to building the first ship were $3.4 billion.
At the same time, the Navy’s latest class of ship, the carrier Gerald R. Ford-class, and two of its sister ships, the USS John C