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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
LeadershipNavy

Why a New Billion-Dollar Navy Fleet Already Needs Repairs

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Claire Groden
Claire Groden
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Claire Groden
Claire Groden
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January 15, 2016, 1:09 PM ET
USNS Spearhead (JHSV-1)
150322-N-RB579-236 GULF OF GUINEA (March 22, 2015) Nigerian and Cameroonian forces prepare to board the Military Sealift Command joint high-speed vessel USNS Spearhead (JHSV 1) during Exercise Obangame Express 2015. Spearhead is on a deployment to the U.S. 6th Fleet area of responsibility in support of the international collaborative capacity-building program Africa Partnership Station. (U.S. Navy photo by Mass Communication Specialist 1st Class Joshua Davies/Released)Photograph by MC1 Joshua Davies—U.S. Navy
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A new $2.1 billion fleet of ten U.S. Navy vessels already needs repairs that will cost millions of dollars.

The high-speed transport ships, called Joint High Speed Vessels, are easily damaged by rough waves due to their light bows designed to reduce the ships’ weight, according to Bloomberg.

A Naval spokesperson told Bloomberg it agreed to contractor Austral’s bow design recommendation because the light-weight design still met performance parameters. But in a September-dated memo that was recently disclosed, the department’s director of operational test and evaluation Michael Gilmore wrote, “Multiple ships of the class have suffered damage to the bow structure, and repairs/reinforcements are in progress class-wide.” He continued, “The necessity of avoiding high sea states while transiting is an operational limitation that could be significant.”

The first vessel, USNS Spearhead, experienced damage from waves during deployment and was repaired for $511,000, Bloomberg reported. Three other vessels have also been reinforced for as much as $1.2 million each. One more vessel awaits repairs, and the other five in the fleet are still under construction in Austral’s shipyard.

 

The Joint High Speed Vessels were designed to carry troops and cargo rapidly over distances that are outside of conflict zones, according to Stars and Stripes.

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