Project cost: $37.4 billion
FY 2013 estimate: $2.2 billion
The Littoral Combat Ship's price has doubled from early estimates, to $440 million per vessel. Cracks and corrosion plagued the first completed ships, and the Pentagon's chief weapons-tester has cited flaws with LCS guns. Some in the Navy call the LCS the “little crappy ship.” Still, the Navy stands by the virtues of the LCS, which is small, speedy and designed to patrol waters close to shore. The USS Freedom, the first LCS to go on extended deployment, is scheduled to leave San Diego for Singapore next month.
Read more on the LCS in the defense-spending series here.