Is DD-21 Project In Trouble?

Monday, January 08, 2001
According to a report in the NY Times and circulated by the major wire services, the U.S. Navy's proposed DD- 21 class of destroyers may be endangered. The Congressional Budget Office has predicted that the Pentagon budget will have to grow by as much as $70 billion a year to maintain existing weapons systems while moving ahead with new ones such as the DD-21, while President-elect George Bush has proposed increasing military spending by $4.5 billion a year over the next decade, the Times said. The Times said the new administration likely will have to cancel or postpone some major defense programs in development, such as the Air Force's F-22 stealth fighter, made by Lockheed- Martin Corp., the Marine Corp's V-22 Osprey aircraft, a joint project of Textron Inc. and Boeing Co., and the DD-21, the Times said, citing defense analysts. The DD-21 could be the most endangered because it is the furthest from development, the Times said. General Dynamics is scheduled to release diagrams of the electric-powered DD-21 at a Navy conference this week.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Shippers Turn to Equity Markets as Sector Eyes Recovery

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received

US 2014 Petroleum Production: Why Hubbert was Wrong

Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing the previous peak set in 1972. The

Navy

Obama Offers US Aid to S.Korea Following Ferry Accident

U.S. President Barack Obama on Thursday expressed condolences to the families of the victims of the South Korean ferry sinking and said the U.S. military will provide

Damen Lays Keel for Indonesian Naval Frigate

In accordance with the agreed planning in the contract for the construction of a Damen SIGMA Frigate for the Indonesian Navy, the keel laying ceremony has taken place on April 16,

Today in U.S. Naval History: April 17

Today in U.S. Naval History - April 17 1778 - Sloop-in-war Ranger captures British brig For more information about naval history, visit the Naval History and Heritage Command website at history.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0661 sec (15 req/sec)