Presentation by Phill Swagel, CBO’s Director, to the National Association of Home Builders’ Financial Institutions and Capital Markets Subcommittee
By CBO’s calculations, the Navy’s new frigate could cost 40 percent more than the service estimates. If the Navy’s estimate proves correct, however, the frigate would be its least expensive surface combatant in the past 50 years.
As reported by the Senate Committee on Veterans’ Affairs on September 15, 2020
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