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Navy/USMC

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

By Marc Selinger

Wednesday, February 1st, 2017

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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…

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