Posted on 02/25/2012 7:20:13 PM PST by U-238
The first in the Navys 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 services 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 services efforts to control expenses may put the companys $579.2 million profit at risk, according to the Navy.
A review of the carriers rising costs began in August after the Navys program manager indicated that the most likely overrun had risen to $884.7 million, or about 17 percent over the contracts target price of $5.16 billion. Thats 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 ...
:)
A union job no doubt
Will CVN-79 be wind powered? or solar?
Why would they spend billions on a ship if the catapults might not work? What kind of sense would that make?
This ain’t the French ship deGaulle!
Makes sense. You reckon the OOD will still be able to spot the Mail Buoy Watch up on the fwd catwalk? :>}
I remember one night we had a bridge load of VIP's during flight ops. One Tomcat came in too low and smacked off the landing gear. The plane turned toward the island at first and pilot corrected with thrust then popped out. I didn't see it but we sure did hear it though.
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Sounds as if.... drum roll... Gerald Ford stumbled again.
Thank you, thank you; I’ll be here through the end of the month.
Looks like they have 3 catapults on it also...
LOL!!!
“Freedom is expensive”
So is incompetence, fraud, waste, and abuse.
I’m sure you know of a way to build a brand new aircraft carrier without making any mistakes or design changes. Perhaps you should submit a proposal to the Navy.
“Chicken feed. Pocket change.”
I’m absolutely sick of hearing this from so-called conservatives. It is NOT “chicken feed”. It’s a billion dollars. Conservatives are as bad as liberals when it comes to spending. Spending too much is apparently OK when it’s “ours”.
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