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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction -- Ignore unavailable to you. Want to Upgrade?

To: Savant who wrote (1498)	7/7/2004 8:23:35 PM
From: Savant	Respond to of 2062

DDG-51 Destroyers, objective 57 a bit dated, but a lot of information.. fas.org The FY 1999-2003 shipbuilding program included funds for 15 DDG-51-class destroyers, achieving the procurement objective of 57 of these ships. Twelve of the 15 DDG-51s will be procured under a multiyear acquisition strategy approved by Congress in the FY 1998 budget. The changes made to the shipbuilding program this year have achieved a stable procurement rate of three DDG-51s per year in FY 1999-2003. Advance procurement funds are programmed for FY 2001 to support the revised acquisition profile and a possible extension of the multiyear plan that was approved in FY 1998. The FY2001 Future Years Defense Program (FYDP) showed that the Navy plans to buy only two DDG 51 destroyers per year over a three year period (fiscal years 2002 2004) and two destroyers (one DDG 51 and one DD 21) in fiscal year 2005. The Navy's Arleigh Burke (DDG 51) Class Industrial Base Study of 1993 stated that procurement of three destroyers per year could only sustain the destroyer industrial base if some additional, non-DDG 51 work, were available to each sipbuilder. The study also stated that at a rate of two ships per year, a very substantial amount of non-DDG 51 work would be required for each shipbuilder and risk to survival of one or both shipyards could be high. The Navy testified that a proposal to build two DDG 51 ships per year would result in potential reductions in shipyard workforces and the workforce skill mix, and that maintaining the industrial base would be perilous. The Senate Armed Services committee concurred with the Navy's assessment regarding the industrial base at the time of the original study