How bad management could put the US Navys cruiser fleet far behind Chinese capabilities
How bad management could put the US Navys cruiser fleet far behind Chinese capabilities
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- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
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The modernisation of its cruisers has been a headache for the US Navy. Although the service has spent billions to extend the service life of Ticonderoga-class guided-missile vessels, the process recorded delays, over costs and quality issues, which could put its fleet far behind Chinese capabilities in the coming years.
A report issued by the US Government Accountability Office (GAO) last week pointed out that the branch had invested nearly US$4 billion to upgrade seven Ticonderoga ships. Only three of them, however, will complete the improvement process and “none will gain five years of service life, as intended”, the report noted.
A report issued by the US Government Accountability Office (GAO) last week pointed out that the branch had invested nearly US$4 billion to upgrade seven Ticonderoga ships. Only three of them, however, will complete the improvement process and “none will gain five years of service life, as intended”, the report noted.
