Navy Sticks By Ohio Replacement Costs; CBO Says It’s 17% Higher
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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 →
Engine Maker ‘At Risk;’ Wants Navy Help
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WASHINGTON: An obscure change in an arcane statute could open a major Navy contract to lower priced components from South Korea. But America’s last domestic manufacturer of ship-sized diesel engines, Fairbanks Morse, is fighting back. While a Navy spokesman told me the service has a plan to protect the industrial base — a major worry for the… Keep reading →
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