Contractor sees Navy as Monopsony; Navy aide cites monopoly

Article Abstract:

Phil Dur, president of Northrop Grumman Ship Systems, said that the Navy, a 'monopsony' or sole customer for warships, is erratically changing its shipbuilding plans in a way that makes it impossible for shipbuilders to plan investments. Dur asked whether the Navy and Congress are meeting the constitutional mandate to maintain a Navy as number of vessels in the fleet has decreased.

Guided Missiles, Space Vehicles, Parts, Defense industry, Naval vessels, Warships, Defence industry

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DD(X) wins backing in critical design review

Article Abstract:

DD(X) destroyer's victory in the US Navy's critical design review would keep the destroyer program on course. The DD(X) program would have to face rough seas before securing the approval of the Congress that is balking at the $3.3 billion-each price tag on the first couple of these cutting-edge, futuristic ships.

Government expenditures, Financial management, Ship Building and Repairing, Destroyers, Finance, United States. Congress, Destroyers (Warships), Company financing, Government finance, DD(X) guided missile destroyer (Ship)

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