Recapitalizing Too Early

Lindsey, Bruce
January 2009
U.S. Naval Institute Proceedings;Jan2009, Vol. 135 Issue 1, p32
Conference Proceeding
The article reports on the move by the U.S. Navy to pursue a recapitalization policy of its main infrastructure components such as ships and airplanes. Chief Naval Operations (CNO) Vernon E. Clark has outlined to the Senate Armed Services Committee the problems encountered the Navy such as under-funded shipbuilding accounts for higher maintenance costs. Clark has warned that the insufficiency of fund for the recapitalization program will lead them to fail in sustaining operational commitments.


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