7 days ago
Next-Gen US Missile Submarine Sees A $1.7 Billion Cost Hike
The Navy raised the estimated price tag for the first of its next-generation nuclear-missile submarines by $1.7 billion, another black eye for a program that's the centerpiece of the service's modernization plans.
The USS District of Columbia is now expected to cost at least $16.1 billion, 12% more than forecast when Congress first authorized construction funds in 2021, the Naval Sea Systems Command said in a statement.
