Navy’s $5.5 Billion for 10 Frigates 56% Under Mark?

The FREMM frigate by Italy’s Fincantieri, basis for the winning design to become America’s next U.S. Navy frigate. Photo by Fincantieri April 30 brought bitterly disappointing news to shipbuilder Austal USA, with the Navy’s announcement that a competing shipyard in Wisconsin won the bid to build the first big batch of…

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