CBO estimates that purchasing new aircraft to maintain the aviation fleet of the Navy and Marine Corps at its current size would cost about $380 billion (in 2018 dollars) from 2020 to 2050. Annual costs would range from $7 billion to $17 billion.
Presentation by Justin Falk and Nadia Karamcheva, analysts in CBO’s Microeconomic Studies Division, at the Allied Social Sciences Association’s Annual Meeting.