By Emelie Rutherford Sen. Jack Reed (D-R.I.) said as the new head of a naval panel he plans to tackle the longtime problem of controlling costs with Navy shipbuilding programs, yet acknowledged at this point he has no "fresh approach." Reed, who was named the chairman of the Senate Armed Services Committee's (SASC) Seapower Subcommittee late last week, told reporters yesterday that for Navy shipbuilding he is concerned about cost effectiveness, cost overruns, and management of programs. "It'll be one…
Reed Targets Shipbuilding Costs, Predicts ‘Painful’ DoD Budget Adjustments
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