Search

Trump Has Many Tools To Cut Navy Submarine Costs, Expert Says

Trump Has Many Tools To Cut Navy Submarine Costs, Expert Says
Launching of the Virginia-class attack submarine Minnesota (SSN-783) at HII's Newport News Shipbuilding division. (Photo: HII)

President Donald Trump, who recently vowed to cut the cost of new Navy submarines, has various tools at his disposal that could help him achieve his goal, according to a naval expert.One such tool would be using multi-year procurement contracts for the Columbia-class ballistic missile submarine, which is currently in development, said Ronald O’Rourke, an analyst at the Congressional Research Service. Multi-year contracts, which give programs more stability than annual contracts, are already reducing the cost of Virginia-class attack submarines…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]


CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]


Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]


Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]