The USS Texas Virginia-class submarine in the Gulf of Tadjoura. Source: U.S. Navy
Bloomberg: Delays on $161 Billion Virginia-Class Subs Reaches 15 Months
* Average delay of 10.5 months is up from seven-month estimate
* General Dynamics and Huntington Ingalls cite improvements
The Navy’s newest Virginia-class submarines are expected to be 10 to 15 months late as contractors General Dynamics Corp. and Huntington Ingalls Industries Inc. try to recover from assembly faults that have dogged recent boats in the $161 billion program.
The average delay of 10.5 months is an increase from a seven-month average cited in March by the Naval Sea Systems Command for 10 vessels being built under a 2014 contract, according to a comparison of dates in Navy budget documents. The contractors, rival shipbuilders who are producing the submarines together, had sought to shave months off of previous construction periods.
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WNU Editor: This is a staggering $161 billion program. These delays must be costing a fortune.
