The Navy s proposed FY2007 budget requested about $739 million in advance procurement funding for CVN-78, the first ship in the CVN-21 class of aircraft carriers, and about $45 million in advance procurement funding for the aircraft carrier CVN-79, the second ship in the class a total of $784.1 million. The FY2007 defense authorization act (H.R. 5122/P.L. 109-364) authorized 4-year incremental funding for procuring aircraft carriers, established procurement cost caps for CVN-21 class carriers, increased the existing procurement cost cap for the CVN-77 aircraft carrier, permits the Navy to reduce the minimum size of the carrier force from 12 to 11 ships, and expressed the sense of the Congress that CVN-78 should be named for president Gerald R. Ford. On January 16, 2007, the Navy announced that CVN-78 will be named for Ford. The FY2007 defense appropriations act (H.R. 5631/P.L. 109-289) provides $791.9 million in advance procurement funding for CVN-78 and CVN-79 an increase of $7.75 million above the requested amount. This report will be updated as events warrant.


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    Title :

    Navy CVN-21 Aircraft Carrier Program: Background and Issues for Congress


    Contributors:
    R. O'Rourke (author)

    Publication date :

    2007


    Size :

    7 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English