US EditionThe Navy Sells Aircraft Carriers for a Penny (But There’s a Giant Catch)
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The Navy Sells Aircraft Carriers for a Penny (But There’s a Giant Catch)
Why Are Aircraft Carriers Sold For Scrap So Cheaply? The US Navy has sold some of its most iconic aircraft carriers after decommissioning for a penny. This has led many to question why this has happened, as carriers cost billions to build but are then sold for scrap for just one cent. It seems baffling to be sure. However, the costs of towing, dismantling, scrapping, and recycling their valuable metals and obsolete technologies can exceed their …
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