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Home Icon > About Us > News > Navy Busts $12.9 Billion Spending Cap On Supercarrier

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 […]

WP_Post Object ( [ID] => 176067 [post_author] => 21 [post_date] => 2018-05-12 15:11:15 [post_date_gmt] => 2018-05-12 15:11:15 [post_content] => 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 […] [post_title] => Navy Busts $12.9 Billion Spending Cap On Supercarrier [post_excerpt] => 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 […] [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => navy-busts-12-9-billion-spending-cap-on-supercarrier [to_ping] => [pinged] => [post_modified] => 2018-05-12 15:11:15 [post_modified_gmt] => 2018-05-12 15:11:15 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=126680 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )