U.S. Navy Carrier Costs Are Starting To Be Worrisome

USS Gerald Ford

U.S. Navy Tries To Rein In Carrier Costs -- Defense News

The new aircraft carrier Gerald R. Ford (CVN 78) is the largest and most expensive ship in the U.S. Navy’s shipbuilding program, with a total price tag to develop and build the ship topping $15 billion. And the cost is rising for the ship, the first of a new class of nuclear-powered carriers likely to remain in production for several decades.

The Navy, as part of its fiscal 2013 budget request released Feb. 13, is asking for another $811 million for “fact-of-life cost increases,” a figure that will drive the ship closer to a congressionally imposed cost cap.

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My Comment: Not surprised by this attempt on the part of the Navy to rein in costs, but at a cost of $15 billion (and climbing), U.S. lawmakers are starting to "freak-out".

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