US Navy/Petty Officer 3rd Class Daniel Barker
The Navy recently awarded a contract worth up to $5.6 billion for as many as 10 of its future guided-missile frigates, the FFG(X) class.
The service projects the final 18 ships of that class will cost less than $1 billion each, but analysis by the Congressional Research Service indicates that those costs could be much higher.
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The Navy awarded the long-awaited contract for its future guided-missile frigate, the FFG(X) class, at the end of April, but analysis of the service’s projections for the ships’ building cost indicates that problems may be in store.
Navy budget documents released earlier this year said the service expected the first ship, ordered this year, to cost $1.28 billion and the second, ordered in 2021, to cost $1.05 billion.See the rest of the story at Business Insider
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