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Navy won’t disclose cost overruns for USS Milwaukee

Friday, March 17, 2017 21:17
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(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…

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Source: http://www.againstcronycapitalism.org/2017/03/navy-wont-disclose-cost-overruns-for-uss-milwaukee/

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