Jet Cars, Radars, & The Ford-Class Carrier
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NAVY YARD: At almost $13 billion, the cutting-edge aircraft carrier USS Gerald Ford (CVN-78) has become a byword for military overruns. With the Ford‘s cost now stable and the costs of the second ship, Kennedy, coming down, however, the Navy seems convinced it’s got the money problem under control. Now they can talk about the… Keep reading →
Half Of Shipbuilders ‘1 Contract Away’ From Bust: Stackley
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WASHINGTON: “About half” of the shipyards building US Navy vessels are “one contract away” from leaving the business, the Navy’s top procurement officer told the Senate today. After decades of decline due to foreign competition, the US shipbuilding industry has become so fragile and so dependent on government contracts that the Navy is taking unprecedented and… Keep reading →
Sub Builders Face Triple Threat: Ohio, Virginia, & VPM
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CAPITOL HILL: It’s a problem the US Navy wants to have, but it’s still a problem. If the service gets enough money both to build its top priority, the Ohio Replacement Program nuclear missile submarine, and to keep producing its vaunted Virginia-class attack subs, then so much new work will be hitting the shipyards so rapidly that they’ll be… Keep reading →
Sequester Could Kill Shipyards, Says CNO Greenert
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WASHINGTON: Navy readiness won’t fully recover from the second-order effects of the 2013 sequester for another year, the Chief of Naval Operations said this morning — and if the Budget Control Act cuts (known as sequestration) return in full force for fiscal year 2016, the nation might lose two of its five remaining major shipyards.… Keep reading →
Sen. McCain Slams $2.5B Carrier Cost Increase; Navy Struggles To Fund SSBN-X, Destroyers
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CAPITOL HILL: It’s been a rough 48 hours for the US Navy. Yesterday, the Littoral Combat Ship was battered by House appropriators and questioned by a leaked report. Today it was the Senate Armed Service seapower subcommittee’s turn to grill the Navy about its aircraft carrier and submarine programs. While the automatic 10-year budget cuts known as sequestration played a major role… Keep reading →
Aircraft Carriers: How Budget Cuts Delay Overhauls And Trim The Fleet
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With all the services reining in spending to cope with the current budget crisis, the second and third-order effects of cutbacks will ripple through the force for years. While the Army “has it worst” by the Pentagon comptroller’s own assessment, the most complicated impacts are on the Navy, whose carefully planned maintenance schedule is falling… Keep reading →
Run Silent, Go Deep: Drone-Launching Subs To Be Navy’s ‘Wide Receivers’
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WASHINGTON: This Saturday the Navy will christen its newest nuclear-powered submarine, the $2.6 billion USS Minnesota at the Newport News shipyard in Virginia. Countless movies have cemented the popular image of subs as stealthy underwater killers, stalking hapless surface vessels with periscope and torpedo. But today’s Navy is experimenting with launching robotic mini-subs and even… Keep reading →
How Sequestration Slams Small Business
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George Hill is president of Advex Corporation, a company based in Hampton, Virginia and a member of the Aircraft Carrier Industrial Base Coalition (ACIBC). Unless Congress acts to change the existing law, sequestration will automatically cut $1.2 trillion from the President’s budget over the next decade-including $492 billion from military spending. These cuts threaten one… Keep reading →