I read in the news that after decommissioning its aircraft carriers, the US Navy sells them to a scrapping company in exchange for $0.01.
How does something that cost over $5 billion to build and contains over 50,000 tons of steel get reduced in value to a mere single cent?
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There’s a lot of click bait but very little information about the two carriers being scraped. Kitty hawk got towed from Washington state to Texas and I can’t imagine the cost to go through the Panama canal.
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