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Publication Date: June 2005
Publisher: Library of Congress. Congressional Research Service
Author(s):
Research Area: Military and defense
Type:
Abstract:
CVN-21 is the Navy's next planned aircraft carrier. Congress has been providing advance procurement funding for the ship since FY2001. The Navy's FY2006 budget requests $565 million in FY2006 advance procurement funding for the ship and defers its procurement by one year, to FY2008. The Navy estimates that CVN-21 would cost about $3.2 billion to develop and about $10.5 billion to procure, for a total estimated acquisition cost of about $13.7 billion. This report will be updated as events warrant.