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Wednesday, May 07, 2014

DDG 1000 Costs Soar by $3 Billion

Zumwalt (DDG 1000) class DDGThe cost for the Navy’s new DDG 1000 destroyer have risen by $3 billion since 2009, raising the cost per ship by roughly $1 billion, according to a recent report by the Congressional Research Service.

The total price for all three of the Navy’s planned DDG 1000 destroyers — DDG 1000, DDG 1001 and DDG 1002 – was listed at $8.9 billion in the fiscal year 2009 budget, according to figures released by the CRS report.

The cumulative projected price for the same three ships in fiscal year 2015 is now slated at $12 billion, according to the report.

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