Earlier today, we wrote, “Now if they could just stop paying a half a billion for the million dollars’ worth of scrap aluminum that is a Littoral Combat Ship, we’d be getting somewhere.” However, it’s been pointed out to us that there is not a million dollars worth of scrap in an LCS.
|Value of the Littoral Combat Ship|
|Combat Value =||0|
|Scrap Value =||$702,635.20|
|DWT (metric) =||797|
|Deadweight pounds (MT x 2204) =||1756588|
|Assuming it’s all Aluminum, Al scrap/pound (average) =||$0.40|
Conclusion: Scrap Value > Combat Value.
Ergo, the best way to recover value from these ships is to go straight from the building yards to the wrecking yards. However, it would destroy less value not to build them in the first place.