Spanish submarines too heavy to float

May 22, 2013

No, not The Onion:

After spending nearly one-third of a $3 billion budget to build four of the world’s most advanced submarines, the project’s engineers have run into a problem: the submarines are so heavy that they would sink to the bottom of the ocean. Miscalculations by engineers at Navantia, the construction company contracted to build the S-80 submarine fleet, have produced submarines that are each as much as 100 tonnes (110 US tonnes) too heavy.

From Quartz, via Gian Luca Clementi. A question to test yourself:  how important is $3b to Spain’s overall fiscal situation?

Update (May 23):  Facebook update from a friend: “Doesn’t this count as stimulus whether it sinks or not?”

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