Floating Base to Submarines Idled by U.S. Budget Impasse
Source: Bloomberg News
Floating Base to Submarines Idled by U.S. Budget Impasse
By Jonathan D. Salant - Dec 2, 2013 11:00 PM CT
The Navy wants to buy a ship that serves as a floating base, an asset when allies wont welcome U.S. troops on their turf or a natural disaster prevents operations ashore.
General Dynamics Corp. (GD) and its San Diego shipyard are waiting for the contract. It wont come until Congress approves a budget with more than $560 million in funding for the project -- and that isnt likely to happen anytime soon.
Billions of dollars in helicopter to submarine construction are in limbo because lawmakers have failed to pass a budget for the fiscal year that began Oct. 1. As long as the Pentagon operates under a temporary spending bill, it cant start new programs or boost production levels.
The paralysis has slowed the militarys investments in national-security priorities and delayed work to contractors whose sales and staffs already are shrinking due to federal spending reductions. The companies may be forced to cut more jobs if Congress doesnt pass a budget.
Read more: http://www.bloomberg.com/news/2013-12-03/floating-base-to-submarines-idled-by-u-s-budget-impasse.html
Historic NY
(37,453 posts)they can be floating bases
Xipe Totec
(43,890 posts)A ship like that would not last five minutes in a shooting war with Russia, China, or even North Korea. But it could certainly project power into the Middle East, Latin America, or South East Asia; against small unsophisticated defending forces in our imperial back yard.
Jerry442
(1,265 posts)...they might as well just paint a giant target on the side.
L0oniX
(31,493 posts)Ace Acme
(1,464 posts)... daring anyone to knock it off.
And even if no one does, the military can blow it up themselves and pretend they were attacked.
These boys don't deserve their toys, and the welfare queens who build the toys should get real jobs that make the world a better place.
sakabatou
(42,174 posts)Blue_Tires
(55,445 posts)pscot
(21,024 posts)down a rathole.
sakabatou
(42,174 posts)Builds up hand/knuckle strength.
underpants
(182,877 posts)We can still waste plenty of money on the "ewok problem"