Rising costs shipwreck Navy's expansion.
| Position | WASHINGTON PULSE - Brief article |
The price tag for the Navy's latest ship-construction plan is raising hackles on Capitol Hill. The service is trying to expand the fleet from 280 to 313 over the next 30 years, and its leaders have persistently promised that they would keep costs under control. But the Navy's own fiscal 2009 shipbuilding blueprint forecasts cost growth of anywhere from $5 billion to $9 billion a year to meet construction goals. Analysts' interpretation of the latest...
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