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Rapid Fire March 29, 2012: US Navy Long-Range Shipbuilding

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* The US Navy’s latest 30-year shipbuilding plan [PDF] projects an average fleet size of 298 ships. An average of 8.9 new ships would be built each year for a total of 268 vessels. Spending is expected to peak to almost $20B/year in the early 20s and 30s because of SSBN (X) recapitalization. Out of 45 ships to be inactivated over the FY13-17 period, 22 are set aside for foreign military sales. See chart at the bottom of this entry. * Huntington Ingalls Industries reported revenue down 2.2% to $6.58B in 2011, and $5.6B of new contract awards. Total backlog at the end of December 2011 was $16.3B. * Hawker Beechcraft is preparing to file for bankruptcy according to Reuters and the NYT. * Here is the Congressional Research Service’s latest report [PDF] on Israel’s possible military strike against Iran’s nuclear facilities. * According to Foreign Policy the relationship between Israel and Azerbaijan goes beyond the $1.6B in contracts announced a month ago. * The CDA Institute has an early analysis [PDF] of Canada’s FY12/13 budget but visibility is limited until the Reports on Plans and Priorities (RPP) is released, which this year will have to wait until June. * […]

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