Navy’s shipyard revamp could cost more than $200 billion: GAO
The Navy originally estimated that the Shipyard Infrastructure Optimization Program (SIOP) would cost approximately $21 billion.
The Navy originally estimated that the Shipyard Infrastructure Optimization Program (SIOP) would cost approximately $21 billion.
“From a maintenance standpoint, we're pushing hard for an additional public shipyard,” the OMB director said.
The Navy says the facilities are not in any immediate risk, but 100 experts will evaluate the dry docks for necessary mitigation measures moving forward.