Add Yahoo as a preferred source to see more of our stories on Google. The US Navy wasted almost $2 billion on a failed effort to upgrade its cruisers, a watchdog report found. Four Ticonderoga-class ...

Key Points - The U.S. Navy is rapidly retiring its Ticonderoga-class guided-missile cruisers, a move that is creating a dilemma between modernizing the fleet and maintaining current firepower. -These ...

When the U.S. Navy commissions a new warship, it's not typically at a low cost to American taxpayers. Modern military vessels are incredibly complex machines featuring millions of moving parts, weapon ...

The US Navy wasted almost $2 billion on a failed effort to upgrade its cruisers, a watchdog report found. Four Ticonderoga-class vessels in the program were decommissioned before refits were completed ...