No chance. CBMC is amazing, but have you actually tried formally verifying a "real" program?
I agree replacing with a hand-architected Rust version is clearly the better solution but also more expensive. I think they're going for an RLBox style "improve security significantly with little-to-no effort" type product here. That doesn't mean you shouldn't do a full manual rewrite if you have the resources, but it's better than nothing if you haven't.