Ships Leaking $37 Billion Show Eisenhower Military Complex Alarm

A large section of a U.S. Navy Littoral Combat Ship (LCS) sits in the final assembly area during its construction at Marinette Marine Corp., in Marinette, Wisconsin, U.S., on Monday, Feb. 11, 2013. Marinette Marine Corp. makes one version of the Littoral Combat Ship in partnership with Lockheed Martin Corp. As the Pentagon faces $500 billion in spending cuts over a decade that are set to begin March 1, the $37 billion program to design and build Littoral Combat Ships may become a target for reductions that would take business from Lockheed and Austal Ltd., which also makes a version of the ship in partnership with General Dynamics Corp. at Austal's yard in Mobile, Alabama. Photographer: Daniel Acker/Bloomberg via Getty Images