The U.S. naval fleet consists of 243 seafaring units currently in active service. The number includes frontline commissioned warships and support vessels but excludes smaller patrol boats, auxiliary/survey ships, replenishment ships, and historical ceremonial boats. (See the countries with the largest naval fleets.)
The military data site, World Directory of Modern Military Warships, ranks the U.S. Navy No. 1 among 35 other countries it tracks. The U.S. did not reach that level of military might without spending money on its fleet to keep it updated and sea-ready. A Congressional Budget Office report in November 2022 noted the Navy’s 2023 plan for shipbuilding would average between $30 billion and $33 billion a year through 2052. That is in 2022 dollars.
To determine the most expensive ships and submarines of the U.S. Navy, 24/7 Wall St. referenced military data site World Directory of Modern Military Warships’ directory of all active ships in the U.S. All ship and submarine classes are ranked in order of unit cost, which came from a variety of third-party sources, except for two. The Cyclone-class patrol ship and the Blue Ridge-class command ship were excluded due to lack of cost data. Unit prices were adjusted for inflation from the year to January 2023 using the CPI inflation calculator from the Bureau of Labor Statistics.
The most expensive ship at sea, the USS Gerald R. Ford, costs nearly $16 billion. It is the Navy’s newest aircraft carrier. Deployed last year, the massive ship measures more than 1,100 feet long and can displace 100,000 long tonnes of water when fully loaded. Typically used to define a ship’s size, displacement tonnage refers to the volume of water displaced when a ship is at sea in normal conditions. The carrier can get up to a speed of more than 34 miles per hour.
The Ford class supercarriers are set to replace an aging fleet of 10 Nimitz-class ships designed during the Cold War. Commissioned in 2017, Ford class ships are built with two nuclear reactors and can carry more than 75 warplanes. (Here are the U.S. Navy ships that are being decommissioned and when.)
Click here to see the most expensive U.S. warships and submarines.
17. Harpers Ferry-class
> Unit cost (inflation adjusted): $348.96 million
> Role: Dock landing ship
> Number of ships: 4
[in-text-ad]
16. Independence-class
> Unit cost (inflation adjusted): $441.97 million
> Role: Corvette
> Number of ships: 12
24/7 Wall St.
15. Freedom-class
> Unit cost (inflation adjusted): $567.91 million
> Role: Littoral combat ship
> Number of ships: 9
14. Avenger-class
> Unit cost (inflation adjusted): $663.31 million
> Role: Mine countermeasures ship
> Number of ships: 8
[in-text-ad-2]
13. Whidbey Island-class
> Unit cost (inflation adjusted): $961.31 million
> Role: Dock landing ship
> Number of ships: 7
12. Ticonderoga-class
> Unit cost (inflation adjusted): $1.14 billion
> Role: Cruiser
> Number of ships: 22
[in-text-ad]
11. Arleigh Burke-class
> Unit cost (inflation adjusted): $1.83 billion
> Role: Guided missile destroyer
> Number of ships: 68
24/7 Wall St.
10. Los Angeles-class
> Unit cost (inflation adjusted): $1.91 billion
> Role: Submarine
> Number of ships: 28
9. Wasp-class
> Unit cost (inflation adjusted): $2.29 billion
> Role: Amphibious assault ship
> Number of ships: 7
[in-text-ad-2]
8. San Antonio-class
> Unit cost (inflation adjusted): $2.31 billion
> Role: Amphibious transport dock
> Number of ships: 11
7. Ohio-class
> Unit cost (inflation adjusted): $3.64 billion
> Role: Submarine
> Number of ships: 18
[in-text-ad]
6. Virginia-class
> Unit cost (inflation adjusted): $3.83 billion
> Role: Submarine
> Number of ships: 19
5. America-class
> Unit cost (inflation adjusted): $4.35 billion
> Role: Amphibious assault ship
> Number of ships: 2
4. Zumwalt-class
> Unit cost (inflation adjusted): $5.63 billion
> Role: Guided missile destroyer
> Number of ships: 2
[in-text-ad-2]
3. Seawolf-class
> Unit cost (inflation adjusted): $5.64 billion
> Role: Submarine
> Number of ships: 3
2. Nimitz-class
> Unit cost (inflation adjusted): $11.55 billion
> Role: Aircraft carrier
> Number of ships: 10
[in-text-ad]
1. Ford-class
> Unit cost (inflation adjusted): $15.72 billion
> Role: Aircraft carrier
> Number of ships: 1
The Average American Is Losing Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.
Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.
But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
