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Navy/USMC

Navy Wasted Almost $2 Billion On Cruiser Modernization Work With Mismanagement, GAO Finds

Tuesday, December 17th, 2024

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Navy Wasted Almost $2 Billion On Cruiser Modernization Work With Mismanagement, GAO Finds

USS Chosin (CG-65) prepares to depart Pearl Harbor a last time in 2016 before shifting homeports to San Diego to undergo Cruiser Modernization. (Photo: U.S. Navy)

The Navy’s effort to modernize 11 Ticonderoga-class cruisers ended up wasting $1.84 billion on ships never finished with other cost and schedule delays that only led to three ships having their service lives extended, according to a recent government watchdog report. A Government Accountability Office (GAO) report published Tuesday noted the Navy spent about $3.7 billion originally meant to modernize 11 cruisers since 2015, but now only three are set to serve for less than the originally planned five extra…

Congress

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Space

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Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

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Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

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