By: Harrison Kass
A penny does not sound like the price of an aircraft carrier, and it isn't. What the buyer acquired for a cent apiece when Kitty Hawk and John F. Kennedy were sold was not two warships but the obligation to take them apart — asbestos remediation, PCB disposal, fuel and fluid cleanup, and environmental compliance across two hulls nearly 1,100 feet long. The scrap steel has value. So does the work. The Navy's objective in these transactions is responsible disposal rather than a sale price, which is why ships that projected American power for a generation ended up as industrial liabilities.















