Navy’s shipyard revamp could cost more than $200 billion: GAO

AI Summary

The US Navy's Shipyard Infrastructure Optimization Program (SIOP) is projected to exceed $200 billion, far surpassing the initial $21 billion estimate. The Government Accountability Office (GAO) highlights this significant cost increase in the extensive shipyard revamp plan.

The Navy originally estimated that the Shipyard Infrastructure Optimization Program (SIOP) would cost approximately $21 billion.