WASHINGTON, Jan 31 (Reuters) - The Pentagon said on Thursday it awarded Huntington Ingalls Industries Inc a $15.2 billion contract to build two nuclear-powered aircraft carriers. The U.S. Navy told lawmakers in December it intended to pursue a block purchase of two Ford-class aircraft carriers, a step officials have said could save billions of dollars as the Trump … [Read more...]
U.S. Navy Seeks $30 Million to Fix Gear That Hobbled its New Gerald R. Ford Supercarrier
By Tony Capaccio (Bloomberg) -- The Navy is asking Congress to shift $30 million from other accounts to start repairing a damaged gear on the service’s costliest warship, the Gerald R. Ford aircraft carrier. The request for funds to repair the $13 billion carrier is part of a Pentagon package asking congressional approval to shift $4.7 billion in previously approved Army, … [Read more...]
Navy Busts $12.9 Billion Spending Cap On Supercarrier
by Tony Capaccio (Bloomberg) The US Navy’s costliest vessel ever just got pricer, breaching a $12.9 billion cap set by Congress by $120 million, the service told lawmakers this week. The extra money for the U.S.S. Gerald R. Ford built by Huntington Ingalls Industries Inc. is needed to replace faulty propulsion components damaged in a January failure, extend the vessel’s … [Read more...]
U.S. Could Reach 355 Ship Navy in 2030s -Official
By Mike Stone WASHINGTON, April 12 (Reuters) - The U.S. Navy could build its strength to 355 ships over a decade earlier than previously thought due to an increased shipbuilding budget and tempo as well as extending the service for some ships in the current fleet, a Pentagon official told a Congressional panel on Thursday. The goal of a larger Navy, one of President Donald … [Read more...]
Navy Backs Down On Carrier Shock-Testing
By Anthony Capaccio (Bloomberg) The Pentagon’s No. 2 civilian has said the Navy should perform shock-testing soon to determine how well its new $12.9 billion aircraft carrier -- the costliest warship ever -- could withstand an attack, affirming the service’s recent decision to back down from a plan for delay. “We agree with your view that a test in normal sequence is more … [Read more...]