Posts Tagged ‘Cost’

$ 70 Billion Needed For Next 6 Months of War

January 13, 2009

Defense Secretary Robert Gates has outlined a $69.7 billion estimate of funds needed for the wars in Iraq and Afghanistan from the spring through September, a sum he calls a “personal assessment” that includes $23 billion for new weapons but does not account for costs associated with a likely increase of U.S. forces in Afghanistan.

In a Dec. 31 letter to the leaders of the four congressional defense committees, Gates said the estimate — which would bring total fiscal year 2009 war costs to $135.6 billion — “would fund operations through the remainder of the fiscal year; replace combat losses, worn-out or stressed equipment; and replenish supplies.”

Gates characterized the figure as a “personal estimate” and not the position of the Bush administration or the incoming Obama administration. “As such, I fully expect that the new administration will conduct a fresh review of these matters and provide an updated and more authoritative proposal” once in place, he writes.
Read the full report at www.insidedefense.com (paid subscription required)

$40 billion needed to expand Army

December 23, 2008
Naval Calendar 2009

Naval Calendar 2009

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The Army projects it will need $40 billion annually above current spending levels once a planned 74,200 troops are added, according to a draft service report for the Obama transition team.

The report says the planned force of 1.1 million soldiers would require a budget of “$170 billion to $180 billion per year to sustain,” well above the 2009 budget of about $140 billion.

A draft copy of the 43-page document, labeled “predecisional” and dated November 2008, was obtained by Defense News, a sister publication of Army Times.

DOD Finishing $80 Billion War Spending Request; $50 Billion for New Hardware

November 26, 2008
Naval Calendar 2009

Naval Calendar 2009

Our Naval Calendar 2009 features 13 images of US Navy and allied naval forces in action. Buy the Naval Calendar 2009 exclusively at the PatriArt Gallery for only $ 19.99. Worldwide delivery available.

 

The Defense Department is finalizing a war-cost spending request worth approximately $80 billion to pay for operations in Iraq and Afghanistan through next October, reports Inside Defense. The latest emergency supplemental proposal, which includes nearly $50 billion for new military hardware, could be sent to Congress as soon as next week.

“It’s almost ready,” said a Pentagon official of the second fiscal year 2009 supplemental spending request.

Added to the $66 billion “bridge” appropriation allocated by Congress to cover war costs through next spring, the approximately $80 billion request in the works would bring the total FY-09 Pentagon price tag for operations in Iraq and Afghanistan to nearly $150 billion. Read the full Report (paid subscription required)

LCS Pricetag Soars

August 3, 2008

The Littoral Combat Ships are now expected to cost 2.5 times the initial price tag of $220 million, according to Vice Adm. Barry McCullough, deputy chief of naval operations, who gave the new estimate for the ship’s cost at a hearing held by the House Armed Services seapower subcommittee, according to a Reuters report.

 

Read more at MarineLink

US Navy Working to Lower Ships’ Fuel Costs

July 17, 2008

It is not just SUV-drivers who are feeling the pain at the pump. Imagine trying to fill up an AEGIS-Class destroyer every few weeks:-)

See what the US Navy is doing to reign in fuel costs by saving 1.14 million barrels of oil this year.