Wednesday, September 12, 2007

Honey, I shrunk the fleet

Supply and demand curves can be a b1tch.
The Senate subcommittee that oversees the U.S. military budget eliminated one of the Navy’s Littoral Combat Ships on Tuesday, leaving the program with just two ships.

Each remaining vessel is a different design, and the subcommittee said it expects the Navy to pick one as the winner in a contest between Lockheed Martin and General Dynamics to build as many as 55 ships for the Navy.

In documents prepared by the subcommittee, senators said the two ships should be delivered to the Navy by next summer and the Navy should evaluate them and decide which one to build in volume by Oct. 1, 2008.

The decision by the Senate defense appropriations subcommittee cuts $910 million from the Littoral Combat Ship program for 2008. It also takes back $300 million from the program in 2007 funding.
A low 200s Fleet is on the way - and you can thank Happy Talk and a desire for a post career job and a promotion.

SECNAV - more heads on pikes please. A few SES would be a good addition.

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