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Fortune | FORTUNE

One man can kill Bill Ackman’s $64 billion bid for Universal Music Group—and no one knows what he’ll do | Fortune Poppi’s cofounder pitched her startup on Shark Tank while 9 months pregnant and landed a $400,000 deal—now it's worth $2 billion | Fortune Teen boys are choosing AI girlfriends over real ones for 'maximum control, zero rejection'—experts say it could make them unemployable | Fortune A United American merger is by no means impossible given the president 'loves big deals' | Fortune Reed Hastings’s planned exit from $455 billion Netflix ‘had nothing to do with’ the failed deal for Warner Bros., says Ted Sarandos | Fortune Meet Joe McCann: The high-flying crypto trader held in Tanzania after sudden death of his influencer fiancée Ashly Robinson | Fortune Gen Z is carving a different path in the housing market by doing it alone | Fortune U.S. Catholic leaders criticize Trump for ‘disparaging words’ about the pope as Vatican clash risks alienating Catholic voters | Fortune China has ‘nearly erased’ America’s lead in AI—and the flow of tech experts moving to the U.S. is slowing to a trickle, Stanford report says | Fortune Self-made millionaire behind $5 billion Skims Emma Grede says it all began with a cold call to Kris Jenner: Emma Grede—the self-made millionaire behind the $5 billion Skims empire—says it all began with an audacious cold call to Kris Jenner: ‘The difference between me and someone else is, I made it happen’ | Fortune Americans have never been this gloomy about the economy. Wall Street has never cashed in harder | Fortune ‘The college grading system [is] almost meaningless’: People see the Ivy League as an easy A and with flawed admissions standards | Fortune The CEO of $8.5 billion Japanese car giant Nissan plays the drums in a band and hits the tennis courts to destress from the top job | Fortune New York governor's take on a millionaires tax: fancy pied-à-terre second apartments worth over $5 million | Fortune Pope Leo XIV: A ‘handful of tyrants’ are ravaging earth with war and exploitation | Fortune Trump has no plan to cut the $39 trillion national debt, but he does want to cut childcare. His budget director is scrambling to clarify | Fortune China's economy grows 5% in first quarter, surprising economists to the upside | Fortune Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We have our answer | Fortune Palantir exec: the biggest mistake retailers are making with AI? 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Navy plans to buy 15 costly Trump-class battleships by 2055 | Fortune
Tony Capacci · 2026-05-12 · via Fortune | FORTUNE

The US Navy said it plans to buy at least 15 new battleships endorsed by President Donald Trump over the next 30 years, according to its new shipbuilding plan, marking a deeper commitment than previously revealed to what could be the costliest warship ever produced. 

The Navy had previously said it would purchase three of the so-called Trump-class battleships, with the first arriving in 2036. But the Navy now projects buying more than a dozen of the vessels through 2055, the service said in a congressionally mandated, long-range plan released on Monday.

The new Trump battleships — unveiled and personally approved by the president — could cost at least $14.5 billion apiece given a five-year Navy budget plan requests $43.5 billion for the first three vessels. That would make them even costlier than the $13 billion USS Gerald Ford aircraft carrier, the most expensive US warship. The lead vessel of a new class of warships has historically cost much more than planned.

While Trump previously said the Navy aims to build as many as 25 battleships, the Navy plan represents an authoritative assessment that has gone through the service’s formal requirements process.

Still, the ship-buying is no sure thing. The Navy’s 30-year plans are generally seen as aspirational documents, with this plan containing no clear figures for the cost of a 15-ship fleet. And Trump’s planned 44% boost for the Pentagon’s $1.5 trillion 2027 budget is likely to meet significant pushback in Congress. 

“All items beyond” the Navy’s current five-year plan to 2031 “are under review by the Administration,” according to a footnote in the document.

The Trump-class battleship program is so attached to the current president — and so costly — that it’s also likely to be one of the top defense programs targeted for cancellation if Republicans lose the House of Representatives in November midterm elections. The long-term program is even more at risk if a Democrat is elected president in 2028.

Trump fired the previous Navy secretary, John Phelan, after the appointee clashed with top leaders at the Pentagon — including over administration efforts to revive US shipbuilding, according to people familiar with the matter who asked not to be identified discussing private conversations.

“The United States is at a strategic inflection point, and rebuilding American maritime dominance requires urgency, accountability, and sustained commitment,” Acting Secretary of the Navy Hung Cao, who replaced Phelan, said in a statement on Monday as the plan was released.

The first Trump battleship due in 2036 is currently expected to be delivered roughly eight years after it’s contracted. The second and third deliveries are envisioned in 2038 and 2039, with the fourth and fifth ships expected in 2041 and 2043. 

Overall, the Navy projects it will have 299 battle ships in its fleet by 2031, well short of the service’s own requirement of 355 ships, according to the newly released plan. That’s up from 291 ships today.

“This is a persistent problem and one that is not just industrial,” according to the Navy plan. “It is structural and the result of how we buy, how we plan, and how we manage risk in Navy acquisition.”