Search This Blog

Tuesday, June 16, 2015

Navy: CVN-79 Contract Has Lowest Ceiling Price Ever; R&D Investment Will Take Out Further Cost

USS John F. Kennedy (CVN-79)The Navy’s recently awarded contract for the construction of the next aircraft carrier has the lowest price of any nuclear carrier (CVN) fixed-price contract, and for a ship that is much more complex and capable than its Nimitz-class predecessor, the program executive officer for aircraft carriers told reporters Monday morning.

Rear Adm. Tom Moore said the pair of awards – a contract modification and a new contract totaling $4.29 billion – for remaining design and construction for the future John F. Kennedy (CVN-79) is “probably the best CVN fixed-price contract we’ve ever had with [Newport News Shipbuilding] in terms of the target fee in the contract, the steepness of the share lines, the ceiling price in the contract – all reflective of the fact that the shipbuilder and us have a very solid understanding of where we are in the ship and the cost we’re able to take out.”

The Navy expects Kennedy will cost $11.35 billion compared to the $12.9 for the future Gerald R. Ford (CVN-78).

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.