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

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

More by Staff Report

© 2018 The San Francisco Examiner

Website powered by Foundation