US Navy: Fewer Ships and No funds for DD-X?

Tuesday, August 17, 2004
The U.S. Navy proposes to build four new ships in 2006, with no funding earmarked for the new DD-X destroyer being designed by Northrop Grumman Corp., Reuters reported. It appears that rising fuel costs, health care costs and Iraq war costs have effectively conspired to sap the navy budget.

According to Reuters, it calls for the Navy to spend $6 billion in 2006 to build one of the two Northrop LPD-17 amphibious assault ships initially planned; one Littoral Combat Ship; one T-AKE logistic ship and one nuclear-powered Virginia-class attack submarine, both built by General Dynamics Corp. The Navy proposal, being evaluated by officials drafting the overall Pentagon budget, would cut the size of the aircraft carrier fleet from 12 to 11, and delay the CVN-21 aircraft carrier, another Northrop program, by one year.

Navy officials have cited mounting pressure on their budget, but the decision to omit funding for DD-X, the lead ship in a new class of warships, came as a surprise to industry watchers. The Navy had planned to begin construction of the first DD-X in 2005, with a completion date in 2007. "I would look with great concern on any delay in funding for this (CVN-21) critical program," Republican Sen. John Warner, chairman of the Senate Armed Services Committee said in a statement.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Frontline appoints Macleod as new CEO

Crude oil tanker firm Frontline, part of shipping tycoon John Fredriksen's business empire, appointed Robert Hvide Macleod as chief executive to replace Jens Martin Jensen, the firm said on Monday.

BHP Bullish on Caval Ridge's Prospects

Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.

Vice Presidents Rejig at Caterpillar Inc

Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT)

Navy

Mount Whitney Departs Batumi, Georgia

The U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20) departed Batumi, Georgia, Oct. 18 after completing a successful port visit. While in Batumi,

USS Constitution Not to Set Sail Until 2018

The crew of USS Constitution embarked on their final Boston Harbor underway demonstration aboard Old Ironsides this year, Oct. 17. Constitution set out into

US Navy to Christen Littoral Combat Ship Detroit

The Navy will christen littoral combat ship (LCS) Detroit, on Oct. 18 during a ceremony at Marinette Marine Corporation shipyard in Marinette, Wisconsin. Secretary of the Navy Ray Mabus,

 
 
Maritime Careers / Shipboard Positions Navigation Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1227 sec (8 req/sec)