AGL 39.50 Decreased By ▼ -0.50 (-1.25%)
AIRLINK 131.70 Increased By ▲ 2.64 (2.05%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.73 Increased By ▲ 0.24 (5.35%)
DCL 8.49 Decreased By ▼ -0.06 (-0.7%)
DFML 41.45 Increased By ▲ 0.63 (1.54%)
DGKC 82.15 Increased By ▲ 1.19 (1.47%)
FCCL 33.25 Increased By ▲ 0.48 (1.46%)
FFBL 72.58 Decreased By ▼ -1.85 (-2.49%)
FFL 12.40 Increased By ▲ 0.66 (5.62%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.18 Decreased By ▼ -0.13 (-2.45%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 38.85 Increased By ▲ 0.25 (0.65%)
NBP 63.78 Increased By ▲ 0.27 (0.43%)
OGDC 192.51 Decreased By ▼ -2.18 (-1.12%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 153.85 Decreased By ▼ -1.60 (-1.03%)
PRL 25.85 Increased By ▲ 0.06 (0.23%)
PTC 17.75 Increased By ▲ 0.25 (1.43%)
SEARL 82.10 Increased By ▲ 3.45 (4.39%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.60 Increased By ▲ 0.33 (2.03%)
TRG 57.49 Decreased By ▼ -0.73 (-1.25%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,495 Increased By 50 (0.48%)
BR30 31,202 Increased By 12.3 (0.04%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

The American navy will Saturday christen a new aircraft carrier, the USS Gerald Ford, a colossal ship plagued by equally huge cost overruns, at a time of growing budget pressures. The daughter of the former US president, Susan Ford Bales, will break the traditional champagne bottle at a ceremony in the port of Newport News, Virginia, near the sprawling Norfolk naval base.
The problem project, however, will be plain to see - construction of the vessel is only 70 percent complete and its delivery has been postponed to February 2016. And faced with automatic budget cuts and the need to fund other programs, including submarines, the Navy's chief of staff, Admiral Jonathan Greenert has warned the service may have to delay completing the Ford "by two years."
The move would force the United States to rely on a fleet of 10 existing carriers and mean "lowering surge capacity" in a crisis, he added. US law requires the military to maintain 11 aircraft carriers, but at the moment only 10 are available since the retirement of the USS Enterprise in 2012. The current carrier fleet, launched between 1975 to 2009, are Nimitz class ships, but the Ford, or CVN 78, represents a new class of carrier with a new design, which will be followed by the John F. Kennedy and new Enterprise carriers. All have a similar length of about 1,090 feet (330 meters). The Ford-class design is supposed to allow for 25 percent more sorties for the fighter jets and helicopters on board, generate more electrical power and produce more fresh water from desalination systems, allowing sailors to take comfortable showers.
Cost jumped 22 percent "The Ford class is designed to provide increased war-fighting capability with approximately 700 fewer crew members," reducing the cost of maintaining the ship, the Navy said in a statement. While fewer sailors will be needed to run the carrier, the cost of building the ship has sky-rocketed. Since the start of the contract in 2008, construction costs jumped 22 percent over the scheduled budget to $12.8 billion in total. And the Navy's estimate "does not include $4.7 billion in research and development costs," according to the Congressional Budget Office (CBO), which provides financial data to lawmakers.
Navy officers say such cost overruns are typical for a new series of ship, and that the price of subsequent vessels in the class tend to drop. But at a time of budget austerity, the mushrooming price tag is a source of irritation even for the most fervent advocates of a large, well-funded military such as Senator John McCain, the retired naval aviator and Vietnam veteran. The Republican angrily asked the Navy chief this week why no one had been fired for failing to contain the construction cost of the Ford.
The navy and the defence contractor "must still overcome significant technology development, design and construction challenges," the Government Accountability Office, an investigative arm of Congress, wrote in September. The GAO questioned the decision to go ahead with new technological systems for the ship before proving they worked, an approach that "introduces risk of late and costly design changes and rework."
A new electromagnetic catapult to launch aircraft, new radar and new arresting gear to catch planes landing are also facing technical delays and higher costs. "But even after the ship's commission, several key ship systems will continue to face significant reliability shortfalls that will likely increase costs to the government and limit the ship's mission effectiveness," the GAO said. Some military analysts say the United States needs to re-examine the value of investing in a large fleet of carriers, when some potential adversaries are developing missiles that could undercut the reach of the vessels and their warplanes. But the Navy argues that carriers remain perhaps the most potent, versatile tool in the military's arsenal, saying they can counter a potential threat without firing a shot.

Copyright Agence France-Presse, 2013

Comments

Comments are closed.