(See M. C. Manazir, pp. 16–21, February 2014 Proceedings)
Scott C. Truver—Admiral Manazir makes a strong operational-technical case for continued investment in the nation’s nuclear-powered aircraft carriers (CVNs). However, his discussion of “best value”—“worth, importance, or usefulness”—reminded me of the economics classes I struggled through, but from which I learned that true value is what a person is willing to pay for something. In that regard, U.S. aircraft carriers are indeed valuable, as measured today by the nation’s willingness to allocate increasingly scarce resources for the first and follow-on carriers of the Gerald R. Ford class.
This is not solely a U.S.-centric phenomenon. Aircraft carriers are held in value throughout the world, with China, France, India, and several other countries investing in them.