H.R. 4923, American Manufacturing Competitiveness Act of 2016

As ordered reported by the House Committee on Ways and Means on April 20, 2016

    

Inflation in the Costs of Building Aircraft Carriers

In 2013, the Navy raised by $3.4 billion the cap, set in 2006, on the amount it could spend on a Ford class carrier. Most of that increase resulted from increases in the prices of labor and materials, which averaged 3.96 percent since 2006.

    


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