GAO report: The $21B that the Navy wants for updating shipyards won’t be enough
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Posted on 12/2/2019 by
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A new report raises questions about the way the U.S. Navy has estimated the cost of a 20-year shipyard modernization project, and said the Navy risks asking for not enough money to finish the work.

The estimated $21 billion cost of updating the Navy’s four shipyards, including the Portsmouth Naval Shipyard, was developed without factoring in inflation, the report said, and failed to use other best practices for developing an estimated cost.

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