Two nearly completed Navy ships totalling $300M are being scraped 

Two massive 660-foot Navy ships that were never completed — yet still cost taxpayers at least $300 million — are being towed to a Texas salvage yard for scrap. The U.S. Treasury will not receive a payment. The two refueling tankers were tied up in legal messes after the shipyard building them went out of business in 1989. Although nearly completed, the ships were single-hulled instead of the modern double-hull standard, so they were eventually deemed unusable.

About The Author

Staff Report

Staff Report

Bio:
A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
Pin It
Favorite

More by Staff Report

Wednesday, Jul 27, 2016

Videos

Most Popular Stories

© 2016 The San Francisco Examiner

Website powered by Foundation