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Cost to build navy's new warships more than doubles to $30B


Military | 207087 hits | Dec 01 6:04 pm | Posted by: andyt
10 Comment

An independent analysis of the largest military procurement in Canadian history has found the price of 15 new warships for the navy has more than doubled, from $14 billion initially set aside for construction to more than $30 billion.

Comments

  1. by Canadian_Mind
    Wed Dec 02, 2015 3:32 am
    Inflation surprises people still?

  2. by avatar Hyack
    Wed Dec 02, 2015 3:38 am
    "andyt" said
    Just how many times does this story need to be posted?




    :roll: :roll:

  3. by avatar andyt
    Wed Dec 02, 2015 4:04 am
    Sorry. Looked for it but missed it.

  4. by avatar Hyack
    Wed Dec 02, 2015 4:07 am
    "andyt" said
    Sorry. Looked for it but missed it.


    It should have shown up as already having been submitted when you added the story, just one more item here in need of repair....

  5. by avatar bootlegga
    Wed Dec 02, 2015 1:00 pm
    The former government low-balled costs on just about every procurement project - remember the $9 billion price tag they trotted out for the F-35 in the 2011 election (despite the PBO projection of $26 billion)?

    I'm hoping the sticker shock won't scare off the new government, but I'm skeptical. Odds are the 15 replacement ships are going to shrink to 10 or 12.

  6. by avatar DrCaleb
    Wed Dec 02, 2015 2:07 pm
    "bootlegga" said
    Odds are the 15 replacement ships are going to shrink to 10 or 12.


    Odds are. :( But that's what happens when they wait so long to start laying hulls. Inflation is a bitch!

  7. by avatar andyt
    Wed Dec 02, 2015 2:54 pm
    And yet our inflation rate is incredibly low.

  8. by avatar DrCaleb
    Wed Dec 02, 2015 3:09 pm
    "andyt" said
    And yet our inflation rate is incredibly low.


    I don't think consumer inflation reflects on Military procurement.

  9. by avatar andyt
    Wed Dec 02, 2015 3:18 pm
    No, there seems to be a different sort of inflation when government money is being spent. Porkflation.

  10. by avatar uwish
    Wed Dec 02, 2015 3:53 pm
    If they want to stimulate the economy this is one of the ways. I say we need 20 ships not 12....



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