No,
Under $10k for motor, harness, computer, all you need to make it run. This is from talking to people with the actual engine used in tube sock right in front of me. The actual engine used in
https://www.youtube.com/watch?v=icp2Pb5uoME
And how it was setup with a new trans (manual) and Atlas transfer case I was quoted under $15k. These are not pie in the sky numbers, but stuff quoted directly to me at SEMA while standing in the Advance Adaptors booth.
After that talk I went upstairs to the off-road hall and stopped by the Cummins booth (which happen to back up to the Hanson Bumpers booth) where they had that exact Jeep, just not submarine ready anymore. Still had a 2.8 under the hood, just not the exact one that ran under water.
Spoiler: Watch Dirt everyday. I believe the next episode will be a repower showdown. It will be Jeeps, but read between the lines. I think it is 3 engines, one stock, second a Hemi swap, third being the little Cummins. We will probably learn a lot about how they compare once that hits the web.