CBO Analyst Sees Big Risks For US Navy Ship Purchase Plans

The U.S. Navy’s plans to purchase new ships and aircraft face big risks in coming years, a Congressional Budget Office analyst warned Monday.

Eric Labs, the CBO’s senior analyst for naval forces and weapons, said shipbuilding faces particularly acute risks because its funding needs are so great. The U.S. Navy’s financial assumptions are very optimistic about the amount of money available and needed for its long-term goal of a 313-ship fleet, Labs said.