WASHINGTON: Replacing aging Ohio-class nuclear missile submarines could cost so much it busts the Navy budget. But how much? That gets complicated. The media’s been saying $128 billion. The Navy would prefer we say $100 billion. Both figures are right. The difference is inflation. Last Wednesday, when Pentagon procurement chief Frank Kendall gave the go-ahead… Keep reading →

WASHINGTON: The Navy rebuffed today a Congressional Budget Office estimate that the service is too optimistic about the cost of its new nuclear missile submarine. Still, whatever the final cost, it’s certain to be high — so high the Navy officially admits its own figures show the sub is unaffordable under current budget plans. In… Keep reading →