Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Green Marine›High costs sinking construction of submarines
Green Marine

April 18, 2006 · about 20 years ago

High costs sinking construction of submarines

A long-delayed doubling of submarine construction can’t begin any sooner than 2012 because of ongoing difficulties in getting costs under control, the Navy’s top officer who oversees submarine building said Monday. At a briefing for reporters, Rear Adm. William Hilarides, program executive officer f

1 minutes read
  • LinkedIn
  • X
  • Email

A long-delayed doubling of submarine construction can’t begin any sooner than 2012 because of ongoing difficulties in getting costs under control, the Navy’s top officer who oversees submarine building said Monday. At a briefing for reporters, Rear Adm. William Hilarides, program executive officer for submarines, took issue with claims by shipyard executives that a cost target of $2 billion per vessel could be met by doubling production years sooner.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Green MarineNews

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Excelerate entrusts FSRU conversion to Seatrium with another on the cards
  2. 2Subsea7 contracts EnerMech for Trinidad and Tobago's subsea development
  3. 3XOCEAN enters strategic alliance in Japan to expand use of USVs
  4. 4Fresh North Sea gas discovery yields up to 10 million barrels of oil equivalent

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free