‘Navy wasted $1.84 billion’: GAO slams cruiser-rehab effort
The Navy never wanted to modernize its Ticonderoga guided-missile cruisers, preferring to spend the money on newer ships and technology. But lawmakers balked at losing hulls and missile tubes, and ordered the service to refit some of its remaining cruisers to serve several more years. Then the Navy botched it, according to a new report by the Government Accountability Office. Over a decade, the service spent $3.7 billion on a poorly planned, inconsistently managed effort that “wa
Read more »