LCS #2 at over $700 million
For Pete’s sake! Navy Times reports:
The estimated cost of the first of the Navy’s Littoral Combat Ships rose a modest $6 million over the past year, but the price tag to complete the second LCS jumped $68 million, putting the ship over the $700 million mark, Pentagon budget documents show.
The price to build, outfit and deliver the Freedom (LCS 1) now is $637 million, up from last year’s estimate of $631 million. The ship was delivered to the Navy last September and commissioned in November, but the service and shipbuilder Lockheed Martin will continue to complete the warship well into 2009, as intended.
The price tag for the Independence (LCS 2), however, is pegged by the Navy at $704 million, up from last year’s mark of $636 million.
I imagine to the Navy $6 million is “modest” but could get you a Stiletto without the frills. Remember some of us in comments were predicting the LCS would go up to $1 billion or more by the next decade? Pretty steep for a low-end frigate if you ask me.
Time for a second-look at the corvette Admiral Roughead.
Thanks to Raymond Pritchett.