Search This Blog

Tuesday, July 29, 2014

Northrop Drone’s Development Cost to U.S. Navy Rises 25%

MQ-4 TritonThe cost to develop Northrop Grumman Corp’s reconnaissance drone for the U.S. Navy has increased by at least 25 percent, or $720 million, according to Navy estimates and congressional investigators.

As development costs have risen to at least $3.9 billion, the scheduled dates to begin production and then deployment of the Triton drone have each slipped by more than two years, according to a Senate committee.

The Senate Appropriations Committee said in its report on funding defense programs in fiscal 2015 that it “is concerned with the cost and schedule breaches over the past few years” and is “troubled by software development delays” for the 70-aircraft, $15.3 billion program.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.