U.S Navy Program To Build 12 New Columbia-Class Submarines Lands in Financial Trouble

The U.S Navy’s plan to construct 12 new Columbia-class submarines with intercontinental ballistic missiles faces obstruction due to cost overruns of US $20 Billion, about 20% of the estimated cost. This is a cause for concern since this program is pivotal for the navy’s modernisation plan.

Image for representation purposes only.

The new Columbia-class submarines will replace the 14 Ohio-class subs currently in active service. The Ohio-class subs entered service in 1981 and will start to age...

https://www.marineinsight.com/shipping-news/u-s-navy-program-to-build-12-new-columbia-class-submarines-lands-in-financial-trouble/

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