Posted on 02/25/2012 7:20:13 PM PST by U-238
The first in the Navy’s new class of supercarriers is likely to end up costing a lot more than anticipated:
The U.S. Navy has estimated a worst-case cost overrun of as much as $1.1 billion for the aircraft carrier USS Gerald R. Ford, the service’s most expensive warship.
The carrier is being built by Huntington Ingalls Industries under a cost-plus, incentive-fee contract in which the Navy pays for most of the overruns. Even so, the service’s efforts to control expenses may put the company’s $579.2 million profit at risk, according to the Navy.
A review of the carrier’s rising costs began in August after the Navy’s program manager indicated that the “most likely” overrun had risen to $884.7 million, or about 17 percent over the contract’s target price of $5.16 billion. That’s up from a $650 million overrun estimated in April, according to internal Navy figures made available to Bloomberg News. The worst-case assessment would be about 21 percent over the target.
http://www.outsidethebeltway.com/cost-overruns-on-uss-gerald-ford-could-top-1-billion/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+OTB+%28Outside+The+Beltway+%7C+OTB%29
(Excerpt) Read more at outsidethebeltway.com ...
Freedom is expensive
From that photo, I can’t believe how far back they have moved the island.
From that photo, I can’t believe how far back they have moved the island.
Chicken feed. Pocket change. Obama’s energy secretary blows that much on some green energy scam just about every day.
I agree. Its nothing compared to other cost overruns.
Yeah ... much further astern. The island typically is slightly abaft the beam. Sorry ... for you land lubbers ... that's slightly towards the stern from mid-ship. The stern is the opposite end of the pointy end of the carrier.
/johnny
Considering how some planes react when coming in too low {hitting the round down with the landing gear} I would not want to be back there. It looks like something just waiting to be hit.
Still to come: a billion dollars worth of islam-, gay-, and racial-sensitivity training for all crew, contractors, and vendors.
Some people don’t like Gerald Ford, but I do and consider him a patriot.
He lost the presidency to the freak Jimmy “Don’t bite me Mr. Bunny” Carter so Ronald Reagan could be elected in 1980 by a landslide.
Mr. Ford, by his intuitive sacrifice, gave us Reagan and that makes him an okay guy in my book.
3 questions.
What was the cost of steel when the contract was awarded?
What was the cost of gasoline, diesel, acetylyine, welding rod, and union labor health benefits when the contract was awarded?
If the items in the first two questions are more expensive, why is that?
Class dismissed.
the first ship of every new class of warship hits cost overruns. the efficiencies come later.
I am also guessing carrier qual will be easier to manage simultaneous launch and recovery, but that has little to do with deployed operations.
It looks like Northrop Grumman Corporation Shipbuilding section is providing the steel.
Worst thing in article: the next carrier is CVN-79, which will be named the John F. Kennedy.
Can’t we stop the naming of a carrier after a pill popping lech? He had a carrier already.This is as bad a the USS Gabrielle Giffords and the USS John R. Murtha.
Two ships I hope never exist: The USS William J. Clinton and the USS Barack H. Obama.
I agree with you.
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