Rising costs could scuttle Navy programs, CNO says

The Navy's efforts to modernize its fleet could be derailed by increasing costs in programs such as Lockheed Martin and General Dynamics' next-generation surface combat ships, according to the Navy's top officer. "We can't let costs continue to grow, or quite frankly, we won't have a Navy and the Navy won't have work to do," Chief of Naval Operations Adm. Michael Mullen said.

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