Advises how the United Kingdom should best use modern outsourcing and outfitting practices for shipbuilding in the years to come. The United Kingdom’s Ministry of Defence (MOD) is preparing for the construction of the Royal Navy’s two new Future Aircraft Carriers (CVFs), slated to enter service in 2012 and 2015, respectively. The CVFs will be the largest warships built in the United Kingdom in decades. At the request of the MOD, the RAND Corporation looked at the risks of current contractor plans and estimated the cost implications of using alternative manufacturing options in the coming years.