The Cost of Replacing Today’s Army Aviation Fleet

Congressional Budget Office

No 55180, Reports from Congressional Budget Office

Abstract: The U.S. Army has about 4,300 piloted aircraft. The replacement of three large helicopter fleets (Apaches, Black Hawks, and Chinooks) dominates the Army’s future aviation procurement costs. Because the Army made considerable investments in aircraft between 2007 and 2016, CBO projects that the annual costs of replacing the aircraft in the Army’s current fleet would decline during the 2020s, from about $4 billion in 2018 to about $1.5 billion in 2027. It would then rise to a peak of about $4.7 billion in 2032 before drifting downward between 2035 and 2045.

JEL-codes: H56 H57 H60 L64 N42 N62 N72 (search for similar items in EconPapers)
Date: 2019-05-10
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