Costs Ballooning for New Combat Ship

[GreatAmerican]

<p>Posted on NavyTimes.com:</p>

<p><a href=“http://www.navytimes.com/news/2007/03/dnbetterLCS070301/[/url]”>http://www.navytimes.com/news/2007/03/dnbetterLCS070301/&lt;/a&gt;&lt;/p&gt;

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The same kinds of issues that have caused Lockheed Martin’s first Littoral Combat Ship to nearly double in price are affecting the ship being built by competitor General Dynamics, the Navy’s top acquisition official said Wednesday.</p>

<p>“We think [the GD LCS] is going to have a cost overrun, too,” Delores Etter told a group of reporters at a Defense Writer’s Group breakfast in Washington. “Probably not too far from what we’re seeing” on the Lockheed Martin ship…

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