Tag Archives: General Accountability Office

GAO Says Columbia Submarine Risks Running Over Budget Due to Immature Technology

GAO Says Columbia Submarine Risks Running Over Budget Due to Immature Technology

An undated artist’s rendering of the planned Columbia-class submarine. Naval Sea Systems Command Image

The Columbia-class ballistic missile submarine, the Navy’s top acquisition priority, is at risk of running over its $115-billion construction budget because the service underestimated labor costs and overestimated the savings associated with awarding a multi-year contract, according to a General Accountability Office report released Monday. Read More