The Administration s proposed FY2003 defense budget requests $243.7 million in advanced procurement funding for CVNX-1, an aircraft carrier that the Navy plans to procure in FY2007. The FY2003 budget request includes additional research and development funding for the ship. The Navy plans to gradually evolve the design of its aircraft carriers by introducing new technologies into CVN-77 (an aircraft carrier procured in FY2001), CVNX-1, and CVNX-2 (a carrier planned for procurement around FY2011). The Navy estimates that CVNX-1 will cost $2.54 billion to develop and $7.48 billion to procure, bringing its total acquisition (development plus procurement) cost to $10.02 billion. The Navy estimates that CVNX-2 will cost $1.29 billion to develop and $7.49 billion to procure, for a total acquisition cost of $8.78 billion. A Defense Science Board task force is currently assessing how aircraft carriers should serve the nation s needs in the 21st century; it is to report its findings by the end of March 2002. This report will be updated as events warrant.


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    Title :

    Navy CVNX Aircraft Carrier Program: Background and Issues for Congress


    Contributors:
    R. O'Rourke (author)

    Publication date :

    2002


    Size :

    7 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English