Navy Attack Submarine Procurement: Background and Issues for Congress
Abstract
The Navy's proposed FY2009 budget requested $2,107.0 million to complete the procurement funding for an 11th Virginia (SSN-774) class nuclear-powered attack submarine (SSN). This boat had already received $756.0 million in prior-year advance procurement funding. The Navy's proposed FY2009 budget also requested $719.8 million in advance procurement funding for Virginia-class boats to be procured in future fiscal years, and $596.8 million in additional procurement funding for economic order quantity (EOQ) purchases of key components for eight Virginia-class submarines (the 11th boat and seven others) that are to be procured under a multiyear procurement (MYP) arrangement during the five-year period FY2009- FY2013. As part of its action on the Navy's FY2008 shipbuilding budget, Congress added $588 million in advance procurement funding for an additional Virginia class submarine to be procured in a year prior to FY2012. The Navy, as part of its proposed FY2009 budget, included this additional submarine in its shipbuilding plan and scheduled it to be fully funded in FY2011, thus accelerating from FY2012 to FY2011 the year in which the Virginia-class procurement rate is to shift from one boat per year to two boats per year.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 2008
- Accession Number
- ADA488193
Entities
People
- Ronald O'Rourke
Organizations
- Library of Congress