<p><a href="http://www.navytimes.com/news/2007/06/navy_budgetcredibility_070605/%5B/url%5D">http://www.navytimes.com/news/2007/06/navy_budgetcredibility_070605/</a></p>
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[QUOTE]
The U.S. Navys plans for building new ships and aircraft are in jeopardy from potentially shrinking future defense budgets and significant underestimation of costs, a key analyst said Monday.</p>
<p>Risks in cost growth are greater for ships than aircraft, Eric Labs, a defense analyst with the Congressional Budget Office, told an audience at the Heritage Foundation in Washington....
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<p><a href="http://www.navytimes.com/news/2007/06/navy_winter_070606/%5B/url%5D">http://www.navytimes.com/news/2007/06/navy_winter_070606/</a></p>
<p>
[quote]
Navy Secretary Donald Winter reacted to criticism of the shipbuilding budget Wednesday, saying the sea service is taking a hard look at its spending habits but industry must keep up its end of the deal, too.</p>
<p>We have some pressurization on the shipbuilding budget. Thats evidenced, if you will, in challenges weve seen on programs like the Littoral Combat Ship, he said. Were putting a lot of pressure on contractors there, to live up to their commitments what they have stated these ships will cost. And were engaged in a very significant reassessment of how we acquire our ships....
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