CBO Questions Cost Of Navy's Next Generation Destroyer

An official from the Congressional Budget Office presented testimony to the House Armed Services Committee that departed in significant respects from earlier statements by defense contractors concerning the costs of the Navy's DD(X) program.

Budget analyst Michael Gilmore testified July 20 that the maximum cost of the first ship in the program would be $4.7 billion, rather than the $4.5 billion projected by witnesses from the defense industry. The DD(X) is an entirely new class of destroyer that will eventually replace the current generation of destroyers. The Navy anticipates the need for up to 12 of these new ships.

Source: DefenseNews.com (subscription required).