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Navy/USMC

Navy to Invest $25 Million Yearly on Ford-Class Cost Reduction Effort

Valerie Insinna

Monday, June 15th, 2015

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Navy to Invest $25 Million Yearly on Ford-Class Cost Reduction Effort

The flight deck of the future USS Gerald R. Ford (CVN-78). Photo: Defense Daily

Starting in 2017, the Navy will invest $25 million a year on new equipment, materials and processes to help manufacturer Huntington Ingalls Industries’ [HII] Newport News Shipbuilding ratchet down the price of Ford-class aircraft carriers, the program executive officer for carriers said today.Rear Adm. Thomas Moore said he is looking for a two-to-one return on investment, and should he get that, the service might be willing grant HII further funds.The idea stems from “design for affordability” initiatives devised by Booz…

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