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Cost of Trump’s Namesake Warships Likely to Rise by 50 Percent or More
The New York Times • • nation
Key Points:
- The new Trump-class warships, intended to form a "golden fleet" for the Navy, are projected to cost at least 50% more than initial estimates, according to a Congressional Budget Office report.
- The first ship, U.S.S. Defiant, is expected to cost $23.4 billion, which is $8 billion higher than the Navy's original estimate.
- The cost for each of the 14 additional ships is now estimated at over $18 billion, up from $10.2 billion, bringing the total for all 15 vessels to approximately $275 billion.
- The report also states that building the first battleship could take eight years or more, contrasting with President Trump's expectation of constructing two ships within two and a half years.
- President Trump has emphasized that these ships will bolster American military dominance, rejuvenate the shipbuilding industry, and intimidate adversaries globally.
