You are here

US Navy vows to cut cost of building new aircraft carriers

Its new carrier costs US$12.9b, 25% more than forecast

[WASHINGTON] The US Navy on Tuesday pledged to cut costs for building new aircraft carriers, as it prepared to christen the USS Gerald R Ford, first in its class of warships and a vessel whose US$12.9 billion cost will exceed forecasts by almost 25 per cent.

Rear Admiral Thomas Moore,...