credit suisse brief - pao chop r1-2.pdf

8/9/2019 Credit Suisse Brief - PAO Chop R1-2.pdf

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3/23/15 PEO Aircraft Carriers 2

First of Class Comments

“Procurement nightmare”

“The Navy’s billion-dollar hole in the water”

“Another example of the Navy driving itself to

the poor house in a Cadillac.”

60 ships later !..DDG 51 is doing pretty well!!


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GERALD R. FORD (CVN 78)Ship Construction

March 2013 May 2013Hull structure

complete.

January 2013Island landing.

August 2013Hull painting

complete.

October 2013Dry dock flooding complete.

Aug 2011Construction

status


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3/23/15 PEO Aircraft Carriers 43/23/15

PEO Aircraft Carriers 4

My Favorite Headline


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3/23/15 PEO Aircraft Carriers 53/23/15

PEO Aircraft Carriers 5

GERALD R. FORD ClassThe Future is Now

The Future is Now

The GERALD R. FORD Class brings new

improvements over the Nimitz class, including:

! Increased flexibility

• Nearly 3 times the electric plant capacity

•

Restored weight and stability service lifeallowances

! Increased capability

• 33% increase in Sortie Generation Rates

• Increased space for flight deck operationsand aircraft maintenance

! Increased affordability

• Reduced manning and 20% reduction inmaintenance costs

• Designed for 43-month maintenance cycleand 12-year docking intervals


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GERALD R. FORD (CVN 78)Current State

Status ! 99% design complete

! 98% material procured

! 87% ship construction complete

! 957 of 2608 compartments turned over to crew (37%)

! 9.4 million of 9.8 million feet of cable installed

! 37% overall shipboard testing complete

! Current EAC = $12,887M (at cost cap)

Construction supports March 2016 Delivery. Closely managing remaining test risks.

Accomplishments ! 9 of 9 new design air conditioning plants operational

! 4 of 11 Advanced Weapons Elevators (AWEs) in test

! Catapult installation on track (2 of 4 complete)

! Advanced Arresting Gear (AAG)

" Major components received

" Installation behind schedule

! Electromagnetic Aircraft Launch System (EMALS)

" Shipboard testing started on schedule, Aug 2014

"

8 of 12 motor generators energized

" Catapult testing started 16 Dec 2014, testing on schedule

! All Dual Band Radar (DBR) components received and installed

! Propulsion Plant

" Power units loaded

" Electric plant energized and operational

Upcoming Key Events! Apr 2015: EMALS shuttle movement (no load testing) begins

!

Jun 2015: EMALS deadload Testing begins! Aug 2015: Crew move aboard

! Nov 2015: Combat Systems Trial Rehearsal


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Historical CVN ConstructionMan-Hours

CVN 79 TO-GO (UNEXPENDED)

+ COST CHALLENGES CARRIER CONSTRUCTION RETURNING TO HISTORICAL LEVELS – FOR MORE CAPABLE SHIP

CVN 78 ClassCapabilities

• 33% greater SortieGeneration Rate

• Survivability andDamage Control

improvements

• Increased magazineand JP-5 storage

• Greater Operational Availability

• Nearly 3X electricplant capacity

•

Restoration of ServiceLife Allowances

• $4B Reduced TotalOwnership Cost


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John F. Kennedy (CVN 79) Status

Description! Modified repeat of CVN 78, and second ship of the Gerald R. Ford class

! Force structure replacement for USS NIMITZ (CVN 68)

Construction Preparation (CP)

! Long lead material procurement since FY07

! Engineering / cost savings analyses; build strategy changes

! Advance construction since FY11

" 662 units under contract; 570 units started; 405 complete

" 100% Product Model roll-over complete

! ~95% of direct-buy material under contract

Detail Design & Construction (DD&C))

! All Remaining construction units (1,109 Total)

! All Remaining erectables (452 Total)

!

All Remaining construction material! Manhours for integration and testing

Key Construction Milestones

! Keel: Sep 2015; Launch: Feb 2020; Delivery: Jun 2022


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PEO Aircraft CarriersNAVSEA: Statement A: Approved for Release. Distribution is unlimited.


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credit suisse brief - pao chop r1-2.pdf

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