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Poseidon cost overruns cited by Senator Proxmire
Senator William Proxmire cited a 3.6 billion overrun doubling the Poseidon nuclear missile program cost, urged early subcommittee review amid broader weapon system overruns. Navy officials disputed figures, noting variations in estimates and including submarine conversion and test costs. Proxmire blamed the system and potential conflicts of interest from defense contractor jobs for high costs.
MENTIONED IN THIS ARTICLE
Washington
William Proxmire
Senate
House Subcommittee
U.S
Wisconsin Democrat
Proxmire
Defense
Robert S. McNamara
Barry J. Shilite
Navy
Adm
Levering Smith
McNamara
Shillito
Pentagon
Congress
Knox
Navy Board of Inspections
Nathan Sonenshein
Sonenshein