Close Menu
Political Risk WirePolitical Risk Wire
  • Home
  • News
  • Politics
  • Markets
    • Stocks
    • Futures & Commodities
    • Funds
    • Crypto
    • Forex
  • Economy
  • Finance
  • Fintech
  • Investing
  •  Videos
Trending Now

Othello uses AI to tell salespeople what to say during calls. See the pitch deck that helped it raise $8 million.

October 14, 2026

Billion Dollar Boy just made an acquisition that points to influencer marketing’s next hot opportunity

October 14, 2026

Surrenders early gains amid caution ahead of US inflation data

October 14, 2026

BTW Rally Faces Profit-Taking Risks Despite Strong Market Participation

October 14, 2026

Silicon Valley’s hot new talking points: beer and cigarettes

October 14, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Telegram
Login
Political Risk WirePolitical Risk Wire
 Market Data Newsletter
  • Home
  • News
  • Politics
  • Markets
    • Stocks
    • Futures & Commodities
    • Funds
    • Crypto
    • Forex
  • Economy
  • Finance
  • Fintech
  • Investing
  •  Videos
Political Risk WirePolitical Risk Wire
Home » US Navy backlogs could leave over a dozen submarines sitting idle for years, costing $3 billion, watchdog says
Finance

US Navy backlogs could leave over a dozen submarines sitting idle for years, costing $3 billion, watchdog says

News RoomNews RoomAugust 31, 20269 ViewsNo Comments
Facebook Twitter LinkedIn Reddit Telegram WhatsApp Pinterest Email
Facebook Twitter LinkedIn Pinterest Email

Severe backlogs could leave over a dozen US Navy attack submarines awaiting decommissioning sitting idle for more than 14,000 days through the end of the decade, and cost the sea service over $3 billion, according to a new watchdog report.

Navy maintenance delays have already cost the sea service billions of dollars and sidelined active attack submarines for thousands of operational days, affecting fleet readiness.

A new report from the Government Accountability Office, a congressional watchdog, said: “Over the last 10 years, the US Navy has lost more than 15,000 operational days due to maintenance delays and idle time on active attack submarines. These delays resulted in an estimated $3.4 billion in costs to sustain crews and submarines that provided no operational capability.”

Idle time for active submarines refers to the period when a vessel is no longer certified to operate but has yet to enter maintenance. The Navy may still end up paying out hundreds of thousands of dollars a day for submarines to sit pier-side.

A related backlog for inactive subs is expected to be another substantial cost burden.

“Without mitigation, 15 attack submarines will enter inactive idle time from fiscal year 2026 through fiscal year 2030,” the new GAO report said, “during which time the Navy could incur more than 14,000 days of inactive idle time and $3.1 billion in costs to operate and support these inactive submarines.”

The report cited the Los Angeles-class sub USS Pasadena as an example. The vessel, which entered inactive idle status on January 1, 2025, is not scheduled for decommissioning until November 15, 2028, due to limited shipyard capacity.

The Navy told the GAO that it will use the Pasadena as a training platform while it waits for decommissioning; however, the delay will cost the service over $300 million, the GAO said.

The Navy’s nuclear-powered submarines undergo their most extensive maintenance, repairs, and decommissioning at four public shipyards, though some depot-level work can be done at two private yards. The Navy and shipbuilders are pursuing several efforts to revitalize yards, including increasing capacity and investing in the workforce and infrastructure.

Want more Business Insider in your news feed?

Add BI in Google so our reporting is easier to find when you’re searching for what matters.

Earlier this month, President Donald Trump issued an executive order directing the Navy and the Department of Defense to establish a fifth public yard as part of a larger “plan to increase nuclear-powered submarine and aircraft carrier readiness.”

The Navy told the GAO that it’s considering alternative options in the meantime, including defueling the nuclear reactors of attack submarines while the vessels are pier-side rather than waiting until they reach a shipyard. “However, officials were unable to provide documentation of detailed analyses conducted on the feasibility and cost-effectiveness of this option,” the GAO added.

The Navy is also looking into using floating dry docks for defueling, but the GAO said that option also needs further study. Other proposed alternatives include transferring inactive crews to active vessels and extending the service lives of submarines to avoid decommissioning backlogs, although “these service life extensions are still pending approval,” the report said.



Read the full article here

backlogs billion costing dozen idle leave Navy Sitting submarines watchdog Years
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram WhatsApp

Related Articles

Billion Dollar Boy just made an acquisition that points to influencer marketing’s next hot opportunity

Bilt’s CMO is betting big on marketing that’s hard to measure

My wife and I have a 30-year age gap and run a dating site together. I’ve been divorced 3 times — there won’t be a fourth.

Why 3 days at work is the big AI promise that Bezos, Dimon, and Gates can’t stop talking about

More babies, more workers, way more AI

Chinese companies aren’t winning overseas just because they’re cheaper, Goldman Sachs says

Aging in community

Yes, Grimes’ new music video used AI — and lots of humans

AI agent company Decagon has held early M&A talks and hired a banker

Editors Picks

Othello uses AI to tell salespeople what to say during calls. See the pitch deck that helped it raise $8 million.

October 14, 2026

Billion Dollar Boy just made an acquisition that points to influencer marketing’s next hot opportunity

October 14, 2026

Surrenders early gains amid caution ahead of US inflation data

October 14, 2026

BTW Rally Faces Profit-Taking Risks Despite Strong Market Participation

October 14, 2026

Silicon Valley’s hot new talking points: beer and cigarettes

October 14, 2026

Latest News

US CPI in focus, as UK Gilts outperform

October 14, 2026

Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag

October 14, 2026

WFH helped create the AI revolution. RTO could pose its biggest problem.

October 14, 2026

Subscribe to News

Get the latest market and politics news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Political Risk Wire. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?