Submarines: August 14, 2005

Archives

U.S. submarine builders continue to have problems controlling costs. The second Virginia class sub has, so far, cost 24 percent more than it was supposed to cost ($2.19 billion). Thats over half a billion dollars in overruns, for a project that is also nearly a year late. Normally, the second, and subsequent, ship in a class costs less than the first one. The navy is not happy with the companies building its warships, and has not been happy with them for some time. As a result of these problems, the navy does not believe it will be able to turn out two Virginias a year. The Virginias were designed as a cheaper alternative to the larger, and even more expensive, Seawolf class. Many on Congress are asking the navy to come up with a truly low cost SSN (attack sub), even if it means another design. Since no one out there has a SSN that can even match the existing (and aging) Los Angeles class boats, the navy has a hard time making a case for an expensive replacement SSN.