Navy Scraps Plans for Troubled Warship Design

Navy Scraps Plans for Troubled Warship Design

Pentagon says it will cancel plan to build four frigates in Wisconsin and focus on faster-to-make models

Navy kills four ships in Constellation-class frigate program in ‘strategic shift’

The $22 billion shipbuilding program has been under increasing scrutiny for years by lawmakers and top Pentagon brass.

Navy Cancels Constellation-Class Frigate, Will Only Retain Two Under Construction

Secretary of the Navy John Phelan on Tuesday announced the service is cancelling the last four of six Fincantieri Marinette Marine Constellation-class frigates under contract as the service makes a […]

MegaETH scraps $1B plan after technical failures derail sale

The post MegaETH scraps $1B plan after technical failures derail sale appeared first on Daily Truth Report • DailyTruthReport.com.

MegaETH scraps $1B plan after technical failures derail sale

MegaETH halted its pre-deposit at $500M after configuration errors, KYC outages and an early multisig execution opened the sale early and derailed the event.

Constellation-class Frigate Program Cancelled, U.S. Navy Looking for Faster Procurement of Alternatives

Secretary of the Navy John Phelan announced a "strategic shift" away from the Constellation-class frigate program this week shifting the fleet towards viable alternatives that can be built faster and cheaper.