No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, May 11, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Navy plans to buy 15 costly Trump-class battleships by 2055

by TheAdviserMagazine
2 hours ago
in Business
Reading Time: 2 mins read
A A
Navy plans to buy 15 costly Trump-class battleships by 2055
Share on FacebookShare on TwitterShare on LInkedIn



The US Navy said it plans to buy at least 15 new battleships endorsed by President Donald Trump over the next 30 years, according to its new shipbuilding plan, marking a deeper commitment than previously revealed to what could be the costliest warship ever produced. 

The Navy had previously said it would purchase three of the so-called Trump-class battleships, with the first arriving in 2036. But the Navy now projects buying more than a dozen of the vessels through 2055, the service said in a congressionally mandated, long-range plan released on Monday.

The new Trump battleships — unveiled and personally approved by the president — could cost at least $14.5 billion apiece given a five-year Navy budget plan requests $43.5 billion for the first three vessels. That would make them even costlier than the $13 billion USS Gerald Ford aircraft carrier, the most expensive US warship. The lead vessel of a new class of warships has historically cost much more than planned.

While Trump previously said the Navy aims to build as many as 25 battleships, the Navy plan represents an authoritative assessment that has gone through the service’s formal requirements process.

Still, the ship-buying is no sure thing. The Navy’s 30-year plans are generally seen as aspirational documents, with this plan containing no clear figures for the cost of a 15-ship fleet. And Trump’s planned 44% boost for the Pentagon’s $1.5 trillion 2027 budget is likely to meet significant pushback in Congress. 

“All items beyond” the Navy’s current five-year plan to 2031 “are under review by the Administration,” according to a footnote in the document.

The Trump-class battleship program is so attached to the current president — and so costly — that it’s also likely to be one of the top defense programs targeted for cancellation if Republicans lose the House of Representatives in November midterm elections. The long-term program is even more at risk if a Democrat is elected president in 2028.

Trump fired the previous Navy secretary, John Phelan, after the appointee clashed with top leaders at the Pentagon — including over administration efforts to revive US shipbuilding, according to people familiar with the matter who asked not to be identified discussing private conversations.

“The United States is at a strategic inflection point, and rebuilding American maritime dominance requires urgency, accountability, and sustained commitment,” Acting Secretary of the Navy Hung Cao, who replaced Phelan, said in a statement on Monday as the plan was released.

The first Trump battleship due in 2036 is currently expected to be delivered roughly eight years after it’s contracted. The second and third deliveries are envisioned in 2038 and 2039, with the fourth and fifth ships expected in 2041 and 2043. 

Overall, the Navy projects it will have 299 battle ships in its fleet by 2031, well short of the service’s own requirement of 355 ships, according to the newly released plan. That’s up from 291 ships today.

“This is a persistent problem and one that is not just industrial,” according to the Navy plan. “It is structural and the result of how we buy, how we plan, and how we manage risk in Navy acquisition.”



Source link

Tags: battleshipsBuyCostlyNavyplansTrumpclass
ShareTweetShare
Previous Post

Michigan Auto Insurance Change: Why Personal Injury Coverage Adjustments Are Raising Premiums This Month

Related Posts

edit post
Does homeowners insurance cover roof leaks?

Does homeowners insurance cover roof leaks?

by TheAdviserMagazine
May 11, 2026
0

In many cases, homeowners insurance will cover roof leaks if they result from a covered peril on your policy, such...

edit post
Trump’s budget cuts are hitting Native American businesses and the rural communities they support

Trump’s budget cuts are hitting Native American businesses and the rural communities they support

by TheAdviserMagazine
May 11, 2026
0

Near Thackerville, Oklahoma, a town on the Texas border with fewer than 500 residents, what started as a small roadside...

edit post
Court delays Sde Dov land lottery due to contamination

Court delays Sde Dov land lottery due to contamination

by TheAdviserMagazine
May 11, 2026
0

The contamination of the land in Tel Aviv’s Sde Dov district is once again delaying of the longest real...

edit post
Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

by TheAdviserMagazine
May 11, 2026
0

One of Lenskart's early institutional investors has pared its stake in the company in open market on Monday. A regulatory...

edit post
America’s job-market optimism gap between young and old is now the widest in the world

America’s job-market optimism gap between young and old is now the widest in the world

by TheAdviserMagazine
May 11, 2026
0

For years, younger Americans have been more optimistic about the job market than older Americans, even through the depths of...

edit post
Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs

Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs

by TheAdviserMagazine
May 11, 2026
0

India's state-run fuel retailers are staring at first-quarter losses large enough to wipe out profitability for the full fiscal year,...

  • Trending
  • Comments
  • Latest
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

April 23, 2026
edit post
Behavioral science suggests that responding well to education and opportunity may itself be a partly inherited trait — not just a product of good parenting

Behavioral science suggests that responding well to education and opportunity may itself be a partly inherited trait — not just a product of good parenting

0
edit post
How to make the ROI business case for direct tax automation

How to make the ROI business case for direct tax automation

0
edit post
Navy plans to buy 15 costly Trump-class battleships by 2055

Navy plans to buy 15 costly Trump-class battleships by 2055

0
edit post
Michigan Auto Insurance Change: Why Personal Injury Coverage Adjustments Are Raising Premiums This Month

Michigan Auto Insurance Change: Why Personal Injury Coverage Adjustments Are Raising Premiums This Month

0
edit post
The Average American Family Wastes ,800 on Groceries Each Year. These Tips Can Help.

The Average American Family Wastes $1,800 on Groceries Each Year. These Tips Can Help.

0
edit post
Trump Regime Combines Reality Show Nonsense With Very Real Grifting

Trump Regime Combines Reality Show Nonsense With Very Real Grifting

0
edit post
Navy plans to buy 15 costly Trump-class battleships by 2055

Navy plans to buy 15 costly Trump-class battleships by 2055

May 11, 2026
edit post
Michigan Auto Insurance Change: Why Personal Injury Coverage Adjustments Are Raising Premiums This Month

Michigan Auto Insurance Change: Why Personal Injury Coverage Adjustments Are Raising Premiums This Month

May 11, 2026
edit post
How to make the ROI business case for direct tax automation

How to make the ROI business case for direct tax automation

May 11, 2026
edit post
Does homeowners insurance cover roof leaks?

Does homeowners insurance cover roof leaks?

May 11, 2026
edit post
BlackRock hires JPMorgan’s Jessica Bulen for family office push

BlackRock hires JPMorgan’s Jessica Bulen for family office push

May 11, 2026
edit post
Texas Seniors Are Facing Surprise HOA Foreclosures Over Fees Under 0

Texas Seniors Are Facing Surprise HOA Foreclosures Over Fees Under $500

May 11, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Navy plans to buy 15 costly Trump-class battleships by 2055
  • Michigan Auto Insurance Change: Why Personal Injury Coverage Adjustments Are Raising Premiums This Month
  • How to make the ROI business case for direct tax automation
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.