"In Tokyo, concerns are also growing over the rising cost of [~16,000t] ASEV. Currently, the Ministry of Defense estimates that the acquisition cost for two ASEVs will be 783.9 billion yen ($5.23 billion) about 392 billion yen ($2.62 billion) per vessel. This is about 1.6 times higher than about 240 billion yen ($1.6 billion) per vessel that the Ministry of Defense envisaged when it decided to introduce them in 2020. The Ministry of Defense cites the effects of a weak yen and rising prices as reasons for this price hike. Of this, the contract price for the acquisition of AN/SPY-7(V)1 radar antennas about 35 billion yen ($2.34 billion), and for the Aegis System is about 138.2 billion yen ($923 million)."This is my shocked face:![]()
Published on 06/03/2025
By Dimitris Mitsopoulos
"The U.S. Navy’s Flight III [~10,000t] Arleigh Burke (DDG-51) class destroyers are facing cost increases and delays, jumping from an average of $2.1 billion per ship to $2.5 billion per hull, with even steeper cost increases coming in the future, according to a new Congressional Budget Office (CBO) report."
Jan 8, 2025 TWZ
It would appear ASEV still relatively cheap compared to a Burke if the ASEV can be held to $2.62 billion per vessel.