(From The Journal Sentinel)
“Taxpayers have paid a heavy price for these mistakes. The LCS was initially expected to cost $220 million per ship. But the cost of each ship has more than doubled to $478 million.”
The GAO report declined to make public the cost overrun information for USS Milwaukee, although it said increases for other Navy ships ranged up to nearly 45%.
The agency said it wouldn’t release the information on the littoral vessels because it could harm price negotiations for some of the next ships in the program.