Dismiss Notice
Welcome to IDF- Indian Defence Forum , register for free to join this friendly community of defence enthusiastic from around the world. Make your opinion heard and appreciated.

Fleet of 12 Nuclear Submarines for $128 billion in Line for Pentagon Approval

Discussion in 'Modern Warfare' started by Agent_47, Jan 5, 2017.

  1. Agent_47

    Agent_47 Admin - Blog IDF NewBie

    Joined:
    Aug 3, 2011
    Messages:
    2,958
    Likes Received:
    5,857
    Country Flag:
    India
    The Pentagon’s top weapons buyer has approved advanced development for a fleet of 12 new nuclear-armed submarines, a potential $128 billion project that the Navy calls its top priority.

    Frank Kendall, the undersecretary for acquisition, signed the decision memo that officially moves the program forward late Wednesday. Shortly before acting, Kendall, who’s departing when President Barack Obama steps down on Jan. 20, said in an interview,“I’m hoping to have it done before I leave.”


    The new Columbia-class submarine is part of a trillion-dollar program to modernize the U.S.’s sea-air-land nuclear triad over the next 30 years, including maintenance and support. Obama has backed the effort, to the chagrin of some arms control advocates, and President-elect Donald Trump has seemed to signal his support. “The United States must greatly strengthen and expand its nuclear capability until such time as the world comes to its senses regarding nukes,” Trump wrote in a Twitter posting.


    The Navy is in contract talks with General Dynamics Corp., which will lead the program to replace aging Ohio-class submarines, with Huntington Ingalls Industries Inc. as the top subcontractor.

    General Dynamics rose 1.4 percent to $177.99 at 10:57 a.m. New York time. Huntington Ingalls rose 1.7 percent to $195.16, after initially climbing as much as 2.8 percent, the most since Nov. 10, 2016. Huntington Ingalls is the Pentagon’s top shipbuilder and depends heavily on revenue from such contracts.

    The projected $128 billion acquisition cost, an estimate that factors in expected inflation, puts the new submarines behind only the $379 billion F-35 aircraft and the $153 billion multiservice ballistic-missile defense network among the costliest U.S. defense programs.

    Latest Estimate
    The final version of of Kendall’s memo includes the Navy’s latest cost estimate for the submarine: $13 billion in research and development and $115 billion in procurement.
    He directed that the 12 submarines be produced for an average procurement cost of $8 billion each, which doesn’t include equipment such as the nuclear reactors that would power the vessels and the weapons they would carry.

    Approval for the submarine program to enter full development -- known as “Milestone B” -- is significant “in terms of the importance that the Navy has attached” to it, the program’s “tight development schedule” and concerns over its impact on other defense priorities, Ronald O’Rourke, a naval analyst with the Congressional Research Service, said in an e-mail.

    For the next decade, the military is budgeting $193 billion to modernize nuclear delivery systems, including $43.7 billion for the submarine program, up $9.4 billion from the estimate last year, according to a congressionally mandated report to lawmakers late last year.

    Kendall praised the Navy in a draft memo obtained by Bloomberg News, saying that “it is clear that significant achievements have been made to control current and future costs” and to ensure the submarine’s schedule will be met. “Despite tight schedule margins that leave little room for future issues, there are adequate plans in place to manage this risk,” he said.

    Still, “without additional resources, which have not been identified, the Navy will have to make substantial reductions in other parts of the Navy budget,” Kendall wrote.

    Bigger Navy
    Underscoring that theme, the Congressional Budget Office said Wednesday in a summary of its annual shipbuilding report that the bigger, 350-ship Navy like that endorsed by Trump -- which would include the 12 Columbia-class submarines -- could require $25 billion a year, or about 60 percent above historical annual funding for Navy shipbuilding.

    More immediately, the Navy estimate sees procurement spending for the submarine program increasing to $2.8 billion in fiscal 2019 from $773 million this year. It would hit $5.1 billion in 2022. That doesn’t include long-range operating and support costs.

    https://www.bloomberg.com/news/arti...ubs-win-pentagon-approval-before-obama-leaves
     
  2. Agent_47

    Agent_47 Admin - Blog IDF NewBie

    Joined:
    Aug 3, 2011
    Messages:
    2,958
    Likes Received:
    5,857
    Country Flag:
    India
    [​IMG]
     
    AbRaj and Schwifty like this.
  3. Ripcord322

    Ripcord322 Lieutenant FULL MEMBER

    Joined:
    Nov 30, 2016
    Messages:
    602
    Likes Received:
    552
    Country Flag:
    India
    Woaaaaaaaaaaaaaaah.... A 128 Billion for 12 subs (This will most likely include spares..service costs... Training facilities.... Everything)
    But anyway That is like.... 10.5 Billion for each sub...That is almost equal to the cost of a Ford Class Aircraft Carrier...

    I bet they will be the most advanced the world had ever seen...

    When Americans start spending big money on weapons... They always make something 'Spectacular'...

    (Note: Even the F-35 is' Spectacular' :lol: )
     
    Grevion likes this.
  4. Ankit Kumar 001

    Ankit Kumar 001 Major REGISTERED

    Joined:
    Oct 13, 2016
    Messages:
    2,591
    Likes Received:
    4,845
    Country Flag:
    India
    Shouldn't it be 14?
     
  5. Grevion

    Grevion Professional Think Troll IDF NewBie

    Joined:
    Oct 20, 2016
    Messages:
    1,843
    Likes Received:
    3,045
    Country Flag:
    India
    128 billion......meh....so they proly will be nuclear powered.:to_pick_ones_nose: :troll:
     

Share This Page