Sunday, July 28, 2013
On the USS Gerald R Ford, the Most Expensive Ship Ever
Over at Business Insider:
USS GERALD R. FORD: Check Out The Construction Of The Most Expensive Ship Ever http://www.businessinsider.com/uss-gerald-r-ford-construction-of-the-most-expensive-ship-ever-2013-7?op=1#ixzz2aJ5YTJHp Nice pictures.
Meanwhile, the planes it flies (from Reuters):
“The new baseline forecasts the average cost of the F-35 fighter, including research and development (R&D) and inflation, at $135 million per plane, plus an additional $26 million for the F135 engine built by Pratt & Whitney, a unit of United Technologies Corp
Again:”The new FORD-class aircraft carrier will be the largest, most lethal ship ever when it joins the US fleet in 2016.”
Well, counting its planes. It will also be the largest, most delectable target, ever, when it joins the US fleet. Carrying say 90 F35s, costing $160 Million apiece, it will be an investment costing over $28 Billion. Say $30 Billion. That’s about 300,000 man-years, or 7000 man-lives, of production. That is a sunk cost, which is paid whether or not the ship itself actually sinks. Never mind the annual expense of operating the thing. If comparable to the Nimitz class, we can expect annual costs of upwards $350 Million, counting the midlife overhaul, averaged over the years. Say $1 Million per day.
Anyway, the life’s labor of 7000 men. Gone.
What else is gone? After all, cost is lost opportunity, what wasn’t built, or was left undone; what those 7000 men maybe should have been doing with their lives. Well, 1500 high schools, at $20 Million apiece to build. (One F35 figures in at 8 high schools.) Or 300,000 houses at $100,000 apiece, although some might argue we don’t need any more of those.
Or power plants enough to provide 6 to 10 thousand megawatts of electricity, enough to supply 3 to 5 million homes with power.
And Mayor Bloomberg’s plan to save (most of) New York City from rising sea levels (for a while) was only $20 Billion, but hey, isn’t global warming some sort of delusion?