Inside Littoral, the Navy's Most Controversial Ship

July 22 (Bloomberg) -- The U.S. Navy's USS Independence Littoral Combat Ship, one of two of the first vessels completed under a $34 billion program to build a 52-ship fleet, will be under pressure this week as a House Armed Services Committee holds a hearing July 25 on production. The projected cost of each vessel has more than doubled to $440 million. The USS Independence, seen in San Diego and designed for agile maneuvers in shallow waters, was built by General Dynamics Corp. and Austal Ltd. (Source: Bloomberg)

Full Show: Bloomberg ‹GO› (07/26)
16:33 - Bloomberg ‹GO› hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Michael Purves, chief global strategist at Weeden & Co., U.K. Minister of State for Trade and Investment Mark Price, John Lechleiter, chairman, president and chief executive officer at Eli Lilly, Ellen Zentner, chief U.S. economist at Morgan Stanley, Libby Cantrill, executive vice president at Pimco, Will Slabaugh, restaurant industry research analyst at Stephens, Brian White, senior equity research analyst at Drexel Hamilton, Steven Ricchiuto, chief economist at Mizuho Securities, and Bob Michele, global chief investment officer at JPMorgan Asset Management. (Source: Bloomberg)
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