Navy scraps Biden-era submarine contract as overhaul costs surge toward $3B
The Navy is canceling a long-delayed overhaul of the USS Boise after costs ballooned to nearly $3 billion, with Secretary of the Navy John Phelan saying the submarine no longer made financial or strategic sense to repair.The Los Angeles-class attack submarine already had consumed roughly $800 million and would require another $1.9 billion to complete — despite offering only about 20% of its remaining service life, Phelan said in an […]