Navy's Shipbuilding Costs Criticized

Monday, April 03, 2006
Some members of Congress are questioning the U.S. Navy's plan to expand its fleet to 313 ships, citing budget concerns and cost overruns, UPI reported. While the Navy has projected spending $13.5 billion a year to build 30 new ships -- including the DDX destroyer -- the Congressional Budget Office says the annual tab will be closer to $18 billion. The federal budget already is strained because of money spent in Afghanistan and Iraq and a onetime $2.7 billion charge for shipbuilding damage caused by Hurricane Katrina. Those issues, combined with consistent Navy cost overruns, have angered some members of Congress. (Source: UPI)

Navy

This Day In Naval History: August 29

1861 - During the Civil War, Seaman Benjamin Swearer lands with troops from the steam sloop of war, Pawnee, and takes part in the capture of Fort Clark, at Hatteras Inlet, N.

USS Freedom Suffers Casualty

The U.S. Navy's first littoral combat ship USS Freedom (LCS 1) experienced a casualty to one of its main propulsion diesel engines (MPDE) on July 11 reportedly

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

 
 
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