Accession Number : ADA559739
Title : Navy Virginia (SSN-774) Class Attack Submarine Procurement: Background and Issues for Congress
Descriptive Note : Congressional rept.
Corporate Author : LIBRARY OF CONGRESS WASHINGTON DC CONGRESSIONAL RESEARCH SERVICE
Personal Author(s) : O'Rourke, Ronald
Report Date : 01 Mar 2012
Pagination or Media Count : 28
Abstract : The Navy s proposed FY2013 budget requests $3,217.6 million in procurement funding to complete the procurement cost of the 17th and 18th Virginia (SSN-774) class nuclear-powered attack submarines. The FY2012 budget estimated the combined procurement cost of these two boats at $5,107.9 million, and the ships have received a total of $1,890.3 million in prior-year advance procurement (AP) and Economic Order Quantity (EOQ) funding. The Navy s proposed FY2013 budget also requests $874.9 million in AP funding for Virginia-class boats to be procured in future years. The Navy s proposed FY2013 budget defers the scheduled procurement of one Virginia-class boat from FY2014 to FY2018.
Descriptors : *NAVAL BUDGETS , *NAVAL PROCUREMENT , *NUCLEAR POWERED SUBMARINES , ATTACK SUBMARINES
Subject Categories : Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE