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
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
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
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
On Saturday General Dynamics NASSCO christened the Expeditionary Sea Base USNS Hershel “Woody” Williams, a most unsexy but important US Navy
By Tony Capaccio (Bloomberg) — Lockheed Martin Corp. will deliver its eight remaining Littoral Combat Ships an average of 11 months late, more
By Tony Capaccio (Bloomberg) — The U.S. Navy has found $500 million to buy a second Littoral Combat Ship in next year’s budget after scrounging that
By Tony Capaccio (Bloomberg) — The newest and costliest U.S. aircraft carrier, praised by President Donald Trump and delivered to the Navy on May 31 with
By Mike Stone May 17 (Reuters) – Even if President Donald Trump’s promise of a 350 ship fleet is fulfilled, the U.S. Navy will still need to
By Tony Capaccio (Bloomberg) — The U.S. Navy will delay by at least a year plans to award a multibillion-dollar construction contract for a frigate meant
WASHINGTON, April 24 (Reuters) – Expanding the U.S. Navy to 355 ships as recommended by military leaders and backed by President Donald Trump would cost
By Scot Paltrow WASHINGTON, March 9 (Reuters) – Last week, President Donald J. Trump chose the deck of the newest U.S. aircraft carrier, the $13 billion
By Tony Capaccio (Bloomberg) — The Pentagon office that reviews information to determine whether it’s classified has blocked publication of
By Ayesha Rascoe NEWPORT NEWS, Va., March 2 (Reuters) – President Donald Trump said on Thursday he wants a U.S. military buildup of more ships and planes
The U.S. Navy is looking at an average annual cost of nearly $21 billion to reach its goal of 308 battle force ships, about one-third more than amount of
U.S. Navy Secretary Ray Mabus said Friday the U.S. Navy needs a fleet of 355 ships to protect America and its interests around the world. The need for the
By Andrea Shalal and Mike Stone SIMI VALLEY, Calif., Dec 4 (Reuters) – The U.S. arms industry is ready and capable of boosting production of new ships if
By Tony Capaccio (Bloomberg) — The Senate’s two top defense policy lawmakers want the U.S. Navy to make additional major changes to the
The future USS Zumwalt (DDG 1000), the largest and most technologically advanced destroyer ever built for the U.S. Navy, has departed Bath Iron Works shipyard
by Anthony Capaccio (Bloomberg) Donald Trump is proposing an Army as big as the one President George W. Bush sent into Iraq and Afghanistan and a Navy with
by Anthony Capaccio (Bloomberg) The Pentagon’s top weapons buyer has ordered an independent review of the $12.9 billion Gerald R. Ford aircraft carrier,
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