27 December 2008

U.S. Navy Orders 8 New Virginia Boats

The US Navy has just ordered 8 new Virginias in a fixed price multiyear deal.

The price seems to be OK: $14 billion, or about $1.75 billion a boat.

I'm wondering though how much of this is military need or, "industrial base preservation", and how much is trying to get stuff locked in before the change in administrations.

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