| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Navy won’t disclose cost overruns for USS Milwaukee
Friday, March 17, 2017 21:17
% of readers think this story is Fact. Add your two cents.
(From The Journal Sentinel)
“Taxpayers have paid a heavy price for these mistakes. The LCS was initially expected to cost $220 million per ship. But the cost of each ship has more than doubled to $478 million.”
The GAO report declined to make public the cost overrun information for USS Milwaukee, although it said increases for other Navy ships ranged up to nearly 45%.
The agency said it wouldn’t release the information on the littoral vessels because it could harm price negotiations for some of the next ships in the program.
Right…
http://www.againstcronycapitalism.org/
Source: http://www.againstcronycapitalism.org/2017/03/navy-wont-disclose-cost-overruns-for-uss-milwaukee/
