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Budgets | Industry & Trends | Land Equipment | Naval Equipment | New Systems Tech | Scandals & Investigations | Surface Ships - Combat | USA

Cost Overruns, Budget Uncertainties Hurting USN and Contractors

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According to a new report by Congress' General Accountability Office (GAO), the Navy seriously underestimated the cost of building ships at Northrop Grumman Corp.'s Avondale shipyard and other facilities - including major overruns for the LPD 17 San Antonio class amphibious assault ships due to design changes during production and high attrition at the shipyard....

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