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Projected Acquisition Costs for the Army’s Ground Combat Vehicles

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  • Congressional Budget Office

Abstract

The Army operates a fleet of ground combat vehicles—vehicles intended to conduct combat operations against enemy forces—and plans to continue to do so. Expanding on the Army’s stated plans, CBO projects the cost of acquiring such vehicles to average about $5 billion per year through 2050. That estimate includes costs for research, development, test, and evaluation and for procurement of the vehicles but not the costs of operating and maintaining them. More than 40 percent of the projected acquisition costs are for Abrams tanks.

Suggested Citation

  • Congressional Budget Office, 2021. "Projected Acquisition Costs for the Army’s Ground Combat Vehicles," Reports 57085, Congressional Budget Office.
    • Handle: RePEc:cbo:report:57085
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    File URL: https://www.cbo.gov/system/files/2021-03/57085-ground-combat-vehicles.pdf
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    More about this item

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • L64 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Machinery; Business Equipment; Armaments
    • N42 - Economic History - - Government, War, Law, International Relations, and Regulation - - - U.S.; Canada: 1913-
    • N62 - Economic History - - Manufacturing and Construction - - - U.S.; Canada: 1913-

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