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Friday, September 13, 2013

Navy To HASC: We’re About To Sign Sub Deals We Can’t Pay For

USS VirginiaThe United States Navy is negotiating to buy 10 nuclear submarines that it probably can’t pay for.

But the service is going ahead regardless, counting on the Pentagon and Congress to make up the money as long as the budget cuts known as sequestration continue.

The sequester doesn’t mean the Navy can’t afford to pay the contractors building the subs, General Dynamics’ Electric Boat Division and Huntington-Ingalls Industries’ Newport News shipyard, the Navy’s Program Executive Officer for Submarines assured me when I buttonholed him this morning after a hearing of the House Armed Services seapower subcommittee.

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