Navy Tries to Damage $13 Billion Carrier

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By Paul Ausick Updated Published
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Navy Tries to Damage $13 Billion Carrier

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The U.S. Navy and the Department of Defense have agreed to begin shock testing on the USS Gerald Ford, the Navy’s new $12.9 billion carrier that is costliest ship of war ever built. The carrier went to sea for the first time in April of 2017 and is currently expected to go on active duty in 2022.

The Pentagon initially wanted to delay the shock test for six years until it could have a second copy of the new carrier (the USS John Kennedy) built. The U.S. Senate Armed Services Committee pressed the Navy to begin the test as originally planned.

The Ford was built by Huntington Ingalls Industries Inc. (NYSE: HII) in Newport News, Virginia. It is the first of four Ford-class carriers the company will build at an acquisition cost of $55 billion.

A shock test involves detonating underwater blasts near the ship to test its ability to withstand the shocks. The test is not intended to harm the ship or the crew that is on board at the time of testing.

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According to Bloomberg, Deputy Defense Secretary Patrick Shanahan responded in a letter to pressure from Senators John McCain and Jack Reed to go ahead as planned instead of delaying the test: “We agree with your view that a test in normal sequence is more prudent and pragmatic.”

The U.S. carrier fleet is comprised of 11 nuclear-powered ships, 10 of which are the older Nimitz-class carriers that entered service in 1975. The number of ships in the carrier fleet is established in statute, which means that unless the law is changed a total of 11 Ford-class carriers ultimately will replace the existing 10 Nimitz class ships as the new carriers.

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Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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