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Eric J. Labs, an analyst in CBO’s National Security Division, testifies before the House Homeland Security Committee's Subcommittee on Transportation and Maritime Security on May 7, 2024.
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CBO estimates that construction of 18 medium landing ships would cost between $6.2 billion and $7.8 billion in 2024 dollars. CBO’s estimates range from two to roughly three times the Navy’s current estimates.
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Between 1980 and 2022, the shipbuilding composite index grew an average of 1.2 percentage points faster per year than the GDP deflator did. Looking ahead, a gap of roughly 1 percentage point would be consistent with historical experience.
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Presentation by Eric J. Labs, an analyst in CBO’s National Security Division, at the Surface Navy Association’s 36th National Symposium.
- Presentation
Presentation by Eric J. Labs, an analyst in CBO’s National Security Division, at the Bank of America 2024 Defense Outlook and Commercial Aerospace Forum.
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Letter to the Honorable Tom Daschle regarding improving Russia's access to early-warning information
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