The United States Navy (USN) also returned to the well of carrier conversions, halting construction of nine Cleveland-class ...

The U.S. Navy wasted $1.84 billion on ships that provided zero operational value to the fleet after their modernization efforts were abandoned.

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 ...